Volume refers to the number of shares or contracts traded in an asset or security over a period of time, usually over the course of a trading day.  ( 25 min )

Greg Abel is the next-in-line to be the Berkshire Hathaway CEO when Warren Buffet steps down or passes away.  ( 24 min )

A bank run is when many customers withdraw their deposits simultaneously over concerns about the bank's solvency. Learn what governments do to try to prevent bank runs.  ( 26 min )

Learn more about the interactions between commodity, bond, stock, and currency markets.  ( 21 min )

Find out which stocks are the largest positions in Warren Buffett's portfolio.  ( 24 min )

Sector rotation is the movement of money in the stock market from one industry to another as investors anticipate the next stage of the economic cycle.  ( 19 min )

The five percent rule requires brokers to use fair and ethical practices when setting commission rates on over-the-counter​​​​​​​ transactions.  ( 19 min )

Credit card debt is growing fast, and one possible reason is that more people are putting more expenses on plastic because they can’t cover all their bills with cash.  ( 16 min )

A simple-interest mortgage is a home loan where interest is calculated on a daily basis instead of a monthly basis.  ( 21 min )

Online apps, led by Apple, provide high-interest alternatives for deposit customers—even if they're not wary of the banking industry's recent turmoil.  ( 20 min )

Sales price variance is the difference between the price a business expects to sell its products or services for and what it actually sells them for.  ( 18 min )

A warehouse-to-warehouse clause in an insurance policy provides financial protection of cargo in transit, from the origin to the destination warehouse.  ( 19 min )

The fat man strategy is a defensive move against a company buyout. It involves bulking up with assets and debt to make it an unattractive target.  ( 18 min )

Scaling out is selling portions of the total shares held while the price increases.  ( 18 min )

Country club billing is a former system that credit card companies used until the 1970s involving sending copies of original sales drafts to cardholders.  ( 17 min )

A focus list is a list of recommended stocks published by an investment firm's research department. It's typically a short list of their best trade ideas.  ( 19 min )

Augmented reality (AR) is the modification of a real-life environment by the addition of sound, visual elements, or other sensory stimuli.  ( 19 min )

Peer perform is an investment rating that sell-side analysts use when a given security provides returns consistent with those of other companies in its sector.  ( 18 min )

Your mortgage interest rate depends on a variety of factors, including the type of loan (fixed or adjustable) and the loan term (such as 30 years). Learn more.  ( 25 min )

Berkshire Hathaway CEO Warren Buffett doesn’t have good news for you. "In the general economy, the feedback we get is that perhaps the majority of our businesses will actually report lower earnings this year than last year," Buffett said at Berkshire’s annual shareholders meeting on Saturday.  ( 46 min )

A fast-approaching deadline for the US government to raise the nation's borrowing limit should draw increased investor attention this week and over the balance of the month as earnings season winds down and the next Fed decision remains six weeks off.  ( 42 min )

The FDIC's standard insurance covers up to $250,000 per depositor, per bank, for every account ownership category.  ( 42 min )

(Bloomberg) -- Investors are bailing on preferred shares at a historic clip because of the growing concern about the health of US regional banks. Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKimora Lee Says $93 Million US Wants From Tim Leissner Is HersKing Charles Crowned in Spectacle Marking Turning Point for UKA $12.2 billio  ( 40 min )

Find out which stocks are the largest positions in Warren Buffett's portfolio.  ( 24 min )

Investors are always on the lookout for a reliable tool to separate the true sound stocks from those that are just riding the tide. That’s a job tailor-made for the Smart Score, a comprehensive data tool that collects and collates the aggregated data of the stock market – and returns a simple score for each of thousands of stocks. The Smart Score uses a set of sophisticated AI algorithms to evaluate every stock by a set of 8 factors – and the factors are all known to match up with future outperf  ( 42 min )

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After a grantor passes away, becoming the trustee can be daunting, especially if you're responsible for distributing property. Houses are among the most valuable assets in a family for financial and sentimental reasons. Therefore, it's critical to understand how to … Continue reading → The post How to Transfer Property Out of a Trust After Death appeared first on SmartAsset Blog.  ( 41 min )

When you're saving for retirement, there are a variety of accounts you could use. The Roth IRA, or individual retirement account, is one of those options. Roth IRAs offer more investment flexibility, as well as their own tax benefits. Understanding … Continue reading → The post Capital Gains Tax for Roth IRAs appeared first on SmartAsset Blog.  ( 40 min )

The Roth IRA has been called "the Swiss Army knife" of personal finance because of its flexibility and the tax-free status of its earnings. That's the reason so many retiring workers move to roll their workplace 401(k) accounts into a … Continue reading → The post Doing a Roth Rollover? Beware the 5-Year Rule appeared first on SmartAsset Blog.  ( 40 min )

It can pay to be a responsible rental property owner. For instance, if you're always investing in your rental property and making improvements, not only will your tenants appreciate it and remain tenants longer, you can get a depreciation deduction … Continue reading → The post How to Avoid Depreciation Tax on Rental Property appeared first on SmartAsset Blog.  ( 40 min )

Investing money can help you build wealth, but taxes can take a big bite out of your earnings. Following a buy, borrow, die strategy is one way to minimize your tax liability and preserve more of your wealth. The concept … Continue reading → The post Buy, Borrow, Die: How the Rich Avoid Taxes appeared first on SmartAsset Blog.  ( 41 min )

Online apps, led by Apple, provide high-interest alternatives for deposit customers—even if they're not wary of the banking industry's recent turmoil.  ( 21 min )

Single-family rentals saw a 6% increase at the close of the first quarter of 2023 compared to the same period in 2022.  ( 39 min )

New York State Teachers’ Retirement System sold Electronic Arts and HP stock, and initiated an investment in Autoliv in the first quarter.  ( 22 min )

BofA has five ideas based on an analysis of asset returns in the three months after 10 “last hikes” of the past 50 years.  ( 22 min )

The CEOs of Brooks Running, Dairy Queen, and See's Candies see big advantages to being part of Berkshire Hathaway. That will continue once Greg Abel succeeds Warren Buffett.  ( 23 min )

Vietnam has long benefited from efforts to keep costs low as wages have risen in China, but the latest shift is broader and offers more opportunites.  ( 22 min )

Here is your Pro Recap of the biggest head-turning deal dispatches you may have missed this week: more market-moving headlines in regional banks Western Alliance and PacWest; JPMorgan officially picks up First Republic; First Horizon and TD Bank drop their planned merger; and Arconic gets taken out by Apollo. The regional bank shares experienced turbulence this week.  ( 39 min )

Stock declines have wiped out billions of dollars of paper gains meant for big-ticket expenses.  ( 21 min )

Investors are shying away from risk, turning to defensive stocks and Treasurys, yet they appear equally worried about missing out on a potential stock-market rally.  ( 27 min )

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Between March and early May, money managers added heavily to their exposure to gold futures. Interest in Bitcoin has gone the opposite direction.  ( 22 min )

Across Ukraine, the war has forced grain growers into a vicious dilemma. Farmers in areas now free from Russian occupation are risking their lives to strip their land of explosives before the critical spring planting season. The dual crisis is causing many farmers to cut back on sowing crops.  ( 47 min )

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(Bloomberg) -- The growing likelihood of a US recession and a pause in the Federal Reserve’s rate hikes is reshaping the global landscape, and prompting Asia’s stock pickers to recalibrate their bets.Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to I  ( 39 min )

Online apps, led by Apple, provide high-interest alternatives for deposit customers—even if they're not wary of the banking industry's recent turmoil.  ( 1 min )

De spaarrentes zijn in een jaar tijd omhoog gekropen, nadat de Europese Centrale Bank (ECB) stap voor stap het rentetarief is gaan verhogen. Sparen is zo iets aantrekkelijker geworden. Maar de rentes gaan traag omhoog en door de inflatie word je van sparen nog lang niet slapend rijk.  ( 7 min )

Hoewel ze in de kinderopvang schaars zijn, wordt er nauwelijks ingezet op het vinden van mannen die een switch naar de kinderopvang willen maken. Dat is jammer, vindt Gjalt Jellesma, voorzitter van de Belangenvereniging van Ouders in de Kinderopvang. "Want meer mannen op de werkvloer, dat is juist een verrijking."  ( 6 min )

A budget deficit occurs when expenditures exceed revenue and is the term commonly used to refer to government spending and national debt.  ( 23 min )

M1 Finance and Betterment are top robo-advisors that offer different services. M1's forté is automated investing, without advice. Betterment offers automated investing and financial planning.  ( 27 min )

A qualified dividend is a payment to owners of stock shares that meets the IRS criteria for taxation at the capital gains tax rate.  ( 25 min )

Warren Buffet's conglomerate saw its Apple investment and insurance business adding to gains, while cash continued to pile up amid a dealmaking drought.  ( 17 min )

Can you contribute to a 401(k) and Roth IRA? The short answer is yes, but make sure that you understand these rules, regulations, and limitations.  ( 24 min )

Bitcoin halving explained. Find out about Bitcoin's halving process works and what it means for Bitcoin's price and its users.  ( 22 min )

Cryptocurrencies continue to gain traction with investors around the world. Explore how leading countries are regulating the emerging asset class.  ( 28 min )

Sales usually drop in April, after peaking in March; this year the Spring peak has yet to arrive.  ( 17 min )

Prince Harry and Meghan Markle have made millions through lucrative business and media deals since stepping down as senior members of the British royal family.  ( 19 min )

Casino operator MGM Resorts (MGM) beat expectations for first-quarter net income and revenue as the company benefited from higher traffic in its Las Vegas and Macau resorts.  ( 17 min )

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The Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) is the ETF in the Cash Cows family that covers emerging market equities. With a yield of 6.7% and a focus on emerging market companies that sport high free cash flow yields, the ETF looks attractive and has outperformed some of the other major emerging markets ETFs in recent years. Therefore, let’s take a closer look at ECOW. Cash Rules Everything Around Me We’ve recently covered some of the other Cash Cows, like the popular Pacer US Cas  ( 42 min )

(Bloomberg) -- Warren Buffett faced question after question about one thing in particular at Berkshire Hathaway Inc’s annual meeting on Saturday: His successor. Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to Invoke 14th Amendment to Avoid US Defaul  ( 41 min )

The Oracle of Omaha made it clear that he is still cautious about holding many bank stocks amid the recent volatility.  ( 41 min )

Warren Buffett's company was a net seller of stocks, boosted its buybacks, and grew its cash pile in the first quarter.  ( 39 min )

Despite speculation, Berkshire Hathaway doesn't want to own a controlling share of Occidental Petroleum, Warren Buffett said on Saturday.  ( 40 min )

For those new to the scene, WiR is TechCrunch's regular newsletter that recaps the biggest tech stories over the past few days. Before we get into the meat of the thing, a quick reminder that TC City Spotlight: Atlanta is fast approaching. On June 7, TechCrunch is headed to Atlanta, where we'll host a pitch competition, a talk on the economics of equality, a panel discussion on investing in the Atlanta ecosystem and more.  ( 42 min )

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Berkshire Hathaway (ticker: BRK.A, BRK.B) isn’t likely to invest in shares of automakers like General Motors (GM) or Ford Motor (F), CEO Warren Buffett said at the company’s annual shareholders’ meeting on Saturday. “Charlie \[Munger\] and I have long felt that the auto business is just too tough,”  ( 27 min )

Berkshire Hathaway (ticker: BRK.A, BRK.B) has nearly $130 billion in cash and Treasury bills on its balance sheet. There’s ongoing speculation about what the company might do with all that dry powder. At Berkshire’s annual shareholders’ meeting on Saturday, CEO Warren Buffett said that he would rat  ( 28 min )

(Bloomberg) -- Berkshire Hathaway Inc. won’t make an offer for full control of Occidental Petroleum Corp., Warren Buffett said on Saturday. Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to Invoke 14th Amendment to Avoid US DefaultThe company may or m  ( 38 min )

(Bloomberg) -- US inflation data in the coming week will provide clues about whether the Federal Reserve can pause its series of interest-rate hikes at next month’s meeting. Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to Invoke 14th Amendment to Av  ( 41 min )

(Bloomberg) -- Fresh fears over a recession-inducing credit crunch are spurring bond bulls to ramp up bets that the Federal Reserve will embark on the most abrupt policy shift in almost four decades.Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to In  ( 39 min )

Warren Buffet's conglomerate saw its Apple investment and insurance business adding to gains, while cash continued to pile up amid a dealmaking drought.  ( 18 min )

At least one child is usually selected to ask the storied investor a question during the annual meeting.  ( 22 min )

CEO Warren Buffett addressed Berkshire Hathaway’s (ticker: BRK.A, BRK.B) investment in Paramount Global (PARA) at the company’s annual shareholders’ meeting in Omaha on Saturday. The media company is in the midst of an expensive transition from legacy businesses in cable TV and movies to a streaming  ( 24 min )

Warren Buffett gives a thumbs up on Bank of America stock even as Berkshire has pared back its investments in the financial sector in the last few years.  ( 40 min )

Crypto is fast becoming a hot topic among expected 2024 U.S. Presidential candidates.  ( 39 min )

Berkshire's entire equity security holdings don't account for a third of the company's entire assets.  ( 40 min )

Mayer, like Blockbuster executives, would later regret her thinking on Netflix.  ( 39 min )

Can you contribute to a 401(k) and Roth IRA? The short answer is yes, but make sure that you understand these rules, regulations, and limitations.  ( 24 min )

Warren Buffett to investors: In business, it's best not let your emotions get ahead of you.  ( 40 min )

(Bloomberg) -- Markets may have just survived the last of the most aggressive rate hikes in four decades. Few on Wall Street are celebrating.Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012King Charles Crowned in Spectacle Marking Turning Point for UKRussia Says It Has Billions of Indian Rupees That It Can’t UseKimora Lee Says $93 Million US Wants From Tim Leissner Is HersSEC Investigates Trades by First Republic Executives Before Sale to JPMorganIf Wedn  ( 40 min )

CEO Warren Buffett sold Berkshire Hathaway’s (ticker: BRK.A, BRK.B) more-than $4 billion stake in Taiwan Semiconductor Manufacturing Company (TSM) only a few months after acquiring the shares late last year. The Taiwanese semiconductor maker is the world’s leading producer of cutting-edge chips. Bu  ( 25 min )

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The Berkshire CEO said if the US government had not protected all depositors at Silicon Valley Bank, it would have disrupted the world's financial system.  ( 39 min )

Cryptocurrencies continue to gain traction with investors around the world. Explore how leading countries are regulating the emerging asset class.  ( 28 min )

Legendary value investors Warren Buffett and Charlie Munger see divergent paths for value investors in the coming years. The Berkshire Hathaway (ticker: BRK.A, BRK.B) managers were responding to shareholders’ questions at the company’s annual meeting in Omaha on Saturday. “I think value investors a  ( 28 min )

Warren Buffett kicked off the Berkshire Hathaway annual meeting with a read on the US economy.  ( 39 min )

These investment vehicles work like regular IRAs, but with some additional regulations  ( 25 min )

Warren Buffett and right-hand man Charlie Munger are scheduled to answer roughly 60 questions from the public during the company’s annual meeting.  ( 26 min )

(Bloomberg) -- Speculators are once again fleeing the oil market, setting the stage for more extreme price swings. Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKSEC Investigates Trades by First Republic Executives Before Sale to JPMorganPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveMoney managers dumped th  ( 39 min )

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Getting your financial footing can be a challenge when you're young, especially if you have student loan payments or a new mortgage make you feel penniless. However, it's never too early to start financial planning. By creating a budget, improving … Continue reading → The post 10 Financial Planning Tips for Young Adults appeared first on SmartAsset Blog.  ( 42 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

There are many types of savings accounts. Money market accounts can earn higher interest rates than traditional savings accounts. But CDs can often earn even higher rates. However, there are pros and cons to each type of account that goes … Continue reading → The post Which Savings Account Will Earn You the Most Money? appeared first on SmartAsset Blog.  ( 40 min )

The basic concept of retirement is straightforward. If you work a certain number of years and then you are able to stop working and simply enjoy life. What's not so simple is knowing how many years you have to work … Continue reading → The post How Many Years Do You Have to Work to Retire? appeared first on SmartAsset Blog.  ( 40 min )

In recent months the FDIC has managed two of the largest bank failures in U.S. history. The collapse of Silicon Valley Bank (SVB) and Signature Bank happened shockingly fast. And First Republic wasn't far behind. Consumers have plenty of questions, as … Continue reading → The post Is My Money Safe in the Bank? appeared first on SmartAsset Blog.  ( 41 min )

There's a lot to consider when it comes to retirement planning, starting with what kind of lifestyle you'd like to enjoy. For some retirees, it involves travel. For others, it can mean moving to a new location to be closer … Continue reading → The post How to Determine Your Retirement Lifestyle appeared first on SmartAsset Blog.  ( 41 min )

Behind the royal wealth is a booming real-estate portfolio of bucolic farms, wholesale warehouses and prime London offices that has helped cover a royal spending spree.  ( 22 min )

The Warren Buffett-led conglomerate bought back $4.4 billion of stock in the period, up from the fourth quarter but below 2020 and 2021 levels.  ( 22 min )

(Bloomberg) -- Berkshire Hathaway Inc. bought back $4.4 billion of stock, an increase from the same period last year, as Warren Buffett’s sprawling conglomerate confronted turbulent markets that offered fewer of the blockbuster deals the investor is renowned for.Most Read from BloombergRussia Says It Has Billions of Indian Rupees That It Can’t UseJustice Thomas Ethics Review Questioned by US Court Leader in 2012Peter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveSEC Investigat  ( 38 min )

Investors are turning to these cash-equivalent investments, some of which are yielding 5% or more. But it pays to have a strategy beyond fear.  ( 26 min )

A part-time job is like temporarily having a bigger nest egg while splurging on that luxury SUV will lower your spending for your entire retirement.  ( 22 min )

Consider the fax machine: All kinds of new tech roles are on the way in, and admin roles are out. There's still time to pivot.  ( 39 min )

PepsiCo said it will raise its quarterly payout to $1.265 a share, an increase of 10% from $1.15.  ( 23 min )

A look at the health of six regional banks.  ( 20 min )

In a storage room in Buenos Aires, an Argentinian investigator made a discovery that would reverberate through a boardroom more than 7,000 miles away.  ( 40 min )

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"As for rupees, this is a problem because there are billions of rupees accumulated in accounts at Indian banks and we need to use this money."  ( 38 min )

Voorspellen of er een recessie aankomt is geen exacte wetenschap. Toch zijn er een aantal punten waarop economen kunnen letten, zoals het aantal werklozen en uitgaven van huishoudens. Wat kunnen deze gegevens ons vertellen over een mogelijke recessie?  ( 3 min )

Transavia moest de afgelopen weken tientallen vluchten schrappen en ook de komende tijd zitten reizigers nog in onzekerheid. De vliegmaatschappij houdt veel toestellen aan de grond, waardoor vele duizenden vakantiegangers zijn gedupeerd. Wat gaat er mis?  ( 4 min )

De vakbonden FNV Metaal en CNV Vakmensen hebben voor maandag en dinsdag een tweedaagse staking bij de Limburgse autofabriek Nedcar aangekondigd. Eigenaar VDL heeft een ultimatum over een sociale regeling voor het personeel laten verlopen.  ( 3 min )

Het laatste weekend van de meivakantie verloopt tot nu toe zonder problemen op Schiphol. De luchthaven verwacht zaterdag veel mensen die terugkeren van vakantie. Maar de drukte leidt niet tot hele lange rijen.  ( 3 min )

In hetzelfde weekend dat Duitsland het hoofdstuk kernenergie definitief afsloot, opende Finland een nieuwe kerncentrale. De interesse in nucleaire energie groeit in Europa, net als de discussie erover. "Europese grootmachten staan lijnrecht tegenover elkaar."  ( 4 min )

In hetzelfde weekend dat Duitsland het hoofdstuk kernenergie definitief afsloot, opende Finland een nieuwe kerncentrale. De interesse in nucleaire energie groeit in Europa, net als de discussie erover. "Europese grootmachten staan lijnrecht tegenover elkaar."  ( 4 min )

U.S. equities jumped higher on May 5, 2023, as shares of regional banks bounced back from the previous day's losses.  ( 1 min )

Online used car retailer Carvana (CVNA) posted better-than-expected results and said its adjusted earnings would be positive for the current quarter.  ( 1 min )

Banking turmoil continues, rates were still raised, and the risk/reward argues for waiting to but the stock market.  ( 23 min )

After OPEC cut output in April, most observers expected oil prices to rise. Instead, a slower Chinese recovery sent prices sliding. The question now: How will OPEC react?  ( 23 min )

It's unclear who owns the company, though industry experts have suggested it is likely tied to Rosneft, Russia's largest state-run oil firm.  ( 39 min )

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Despite the success of its streaming business, the media company’s revenue fell in the first quarter.  ( 26 min )

(Bloomberg) -- Kimora Lee, the former model and ex-wife of former Goldman Sachs Group Inc. banker Tim Leissner, is claiming shares worth around $93 million that he was ordered to forfeit as part of his 1MDB guilty plea actually belong to her.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsApple Buoys Wall Street, Keeping Doubts on Future Growth at BayJPMorgan Sees Investors Moving to Gol  ( 39 min )

Altman said one of the tech industry's biggest mistakes was thinking "startups didn't need to be together."  ( 39 min )

All the rules say the U.S. should be in recession, but a billionaire investor says it's being contained to the rich.  ( 40 min )

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Smartphone shipments were down 13% in the first quarter industrywide, but Apple still managed to grow its iPhone sales.  ( 22 min )

(Bloomberg) -- Braskem SA, one of the world’s top petrochemicals makers, received an offer of as much as 37.5 billion reais ($7.6 billion) from Abu Dhabi National Oil Co. and Apollo Global Management, according to people familiar with the matter. Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsApple Buoys Wall Street, Keeping Doubts on Future Growth at BayBMW Warns Owners ‘Do Not Drive’  ( 39 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

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Lower oil prices have played out in tandem with the regional banking turmoil.  ( 39 min )

U.S. stocks closed Friday's trading session sharply higher as investors digested the Labor Department's closely watched April jobs report, which showed the U.S. labor market remains strong. Revisions for February and March numbers gave Wall Street hope the Fed would pause its rate hikes.  ( 41 min )

In some important ways, the Chinese economy has lagged the US in recent years. The country held on to anti-COVID lockdown policies much longer than most others, but after nearly three years of restrictions it has finally been opening up. The result is a strong surge in growth, according to recent Chinese government data. The country’s GDP grew 4.5% in 1Q23, compared to 2.9% in 4Q22. A particular strength noted in the Chinese data was the 10.6% increase in March’s retail sales. Weaknesses include  ( 43 min )

Amateur traders are making new bets against regional bank stocks as volatility continues to roil the industry.  ( 41 min )

Nanobiotix (NASDAQ: NBTX) shares gained more than 200% on Friday trading after it entered into final contract negotiations with a major global pharmaceutical company. In its Q4 earnings release, Nanobiotix raised going concerns. The company noted net losses of €57.0 million in 2022 and a net decrease in cash and cash equivalents of €42.5 million in 2022. Nanobiotix stock is gaining on heavy volume, with a session volume of 30.262 million shares traded. The company agreed to a non-binding term sh  ( 38 min )

The company was famous for its personalized meal plans and celebrity endorsements.  ( 25 min )

(Bloomberg) -- Friday’s staggering rally in the shares of beleaguered regional banks may have a simple explanation: short-covering. Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsApple Sees Biggest Rally of the Year After Sales Top EstimatesJPMorgan Sees Investors Moving to Gold, Tech Amid Recession RiskBMW Warns Owners ‘Do Not Drive’ 90,000 Cars Recalled Over Defective AirbagThe $2.7 b  ( 40 min )

(Bloomberg) -- US consumer borrowing increased in March by more than expected on one of the largest spikes in credit-card balances on record.Most Read from BloombergRussia Says It Has Billions of Indian Rupees That It Can’t UseJustice Thomas Ethics Review Questioned by US Court Leader in 2012SEC Investigates Trades by First Republic Executives Before Sale to JPMorganPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveThe 29 Credit Card Perks You’re Probably Not UsingTotal cred  ( 38 min )

The one thing missing from Apple's earnings call? A sense of AI hype.  ( 40 min )

Should Boeing buy back Spirit? The question is rippling through the aerospace industry.  ( 16 min )

The home improvement market’s traditionally strong spring season has been a lackluster one.  ( 23 min )

Shares of PacWest Bancorp (NASDAQ: PACW) are trading higher amid a rebound after the stock fell over 50% when the bank issued an update this week confirming reports it was weighing strategic options. What Happened? PacWest Bancorp on Wednesday issued a business update, confirming reports indicating it was weighing strategic options. The bank said potential partners and investors have approached it and "will continue to evaluate all options to maximize shareholder value." The news pressured the b  ( 38 min )

EY-Parthenon's Gregory Daco reveals what's going on with the American worker's worst slump of the post-World War II era. It's not all about remote work, he says.  ( 41 min )

IBM CEO Arvind Krishna announced a hiring pause, but that’s not all. He also stated the company plans to replace nearly 8,000 jobs with AI. Krishna noted that back-office functions, specifically in the human resources (HR) sector, will be the first to face these changes. See Next: Gamers Making Thousands Selling Gaming Skins And Assets: Gameflip's Bold Vision For The Future Of Gaming Commerce The transition will happen gradually over the next few years, with machines potentially taking over up t  ( 39 min )

The firm said it is seeing fewer people move their money into better-yielding accounts to take advantage of higher interest rates.  ( 22 min )

Advanced Micro Devices, Inc (NASDAQ: AMD) shares are trading higher since reports surfaced claiming the chipmaker is working with Microsoft Corp (NASDAQ: MSFT) on Nvidia Corp (NASDAQ: NVDA) AI processor alternative. Reportedly, Microsoft, heavily invested in OpenAI's ChatGPT, is helping fund AMD's AI ambition shortly after AMD CEO Lisa Su shared its "big bet" on the generative AI boom in an interview on CNBC's "Squawk On The Street." This week, AMD reported its upbeat first-quarter earnings, fol  ( 38 min )

Banks are borrowing at and charging high interest rates in lockstep with the Federal Reserve. Why aren't they offering that to their depositors?  ( 20 min )

Midsize and small banks still nurse heavy losses for the week, which started with the collapse of First Republic.  ( 34 min )

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(Bloomberg) -- Argentines withdrew over $1 billion of US dollar deposits from the banking system from late March to the end of April as speculation spread about a potential currency devaluation in the official exchange rate.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveApple Sees Biggest Rally of the Year After Sales Top EstimatesJPMorgan Sees Investors Moving to Gold, Tech Amid Recession RiskHeavy Marijuana Use Increases Schizophrenia in Men, Stu  ( 38 min )

Kraft Heinz CEO Miguel Patricio reveals his secret sauce powering the food giant's turnaround.  ( 41 min )

Boycotts can “definitely” have an impact on a company’s public image, but experts say there is less evidence they have a long-term impact on revenue.  ( 41 min )

A JPMorgan rating increase has provided a boost to the sector.  ( 26 min )

The Oracle of Omaha sold a large portion of Berkshire’s holdings in US banks between 2020 and 2022, some just months before the banking system upheaval that began in mid March.  ( 43 min )

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At 68, I do not have any investments of any kind. My $80,000 condo is paid off, and I have $60,000 saved. Am I too late? -Bernhard It's never too late to start investing and managing your money. But I … Continue reading → The post Ask an Advisor: ‘Am I Too Late?' I'm 68, Have No Investments and Only Have $60K Saved appeared first on SmartAsset Blog.  ( 39 min )

The sports betting company posted an adjusted loss of 51 cents a share for the quarter, narrower than the 70-cent loss analysts had forecast.  ( 22 min )

(Bloomberg) -- The Federal Reserve may be signaling its willingness to pause rate hikes, but Bank of America Corp.’s Michael Hartnett says it’s not yet time to buy equities as outflows accelerate amid elevated inflation and recession fears. Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveApple Sees Biggest Rally of the Year After Sales Top EstimatesHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsJPMorgan Sees Investors Moving to Gold,  ( 40 min )

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Beaten-down Carvana shares are surging on Friday after the largest online used car retailer in the country said it will report a profit in the 2nd quarter.  ( 39 min )

American Express CEO Stephen Squeri has formed a tight bond with the company's largest shareholder Warren Buffett.  ( 41 min )

(Bloomberg) -- Bolivian bonds jumped after the country’s Senate approved late Thursday a central bank bill that would allow the government to monetize its gold reserves, a key step to ease a dollar shortage and tame a growing financial crisis.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveApple Sees Biggest Rally of the Year After Sales Top EstimatesJPMorgan Sees Investors Moving to Gold, Tech Amid Recession RiskHeavy Marijuana Use Increases Schizo  ( 38 min )

New U.S. legislation points to the world being short of copper in a few years. A few big mining firms could be huge beneficiaries.  ( 28 min )

On the heels of cooling inflation, the Federal Reserve announced Wednesday an increase in interest rates, as widely anticipated. The key rate has gone up by 25 basis points, bringing it to a range of 5% to 5.25%, which is the highest in 16 years. While Fed Chair Jerome Powell indicated a pause to the rate hikes might be on the menu in June, the probability for any rate cuts seems unlikely for now, at least until inflation starts showing signs it really is on the backfoot. Although this measure m  ( 42 min )

If you're thinking of retiring early, you may be wondering how much you need to retire at age 55. The exact amount of income you should have put away is going to depend on different factors. But if you want … Continue reading → The post How Much Do You Need to Retire at 55? appeared first on SmartAsset Blog.  ( 40 min )

A $10 million nest egg will pay for a comfortable retirement for the majority of retirement savers. However, whether that much is enough to fund any specific retiree's golden years depends on a number of factors. This includes pre-retirement lifestyle … Continue reading → The post Is $10 Million Enough to Retire? appeared first on SmartAsset Blog.  ( 39 min )

There are several metrics you can use to evaluate whether a rental property investment has potential, including the 2% rule. The 2% rule in real estate dictates that a property's rental income should be at least 2% of the purchase … Continue reading → The post What Is the 2% Rule in Real Estate? appeared first on SmartAsset Blog.  ( 41 min )

You are required to report and pay federal taxes on any interest income you receive from a savings account. The income is taxed as unearned, which means you'll escape payroll taxes, but you will owe federal income tax on it … Continue reading → The post How Savings Accounts Are Taxed appeared first on SmartAsset Blog.  ( 40 min )

Openly discussing the topic can be uncomfortable. But you've probably wondered who can be considered truly rich and whether you fit that definition (or ever will). According to Schwab's 2022 Modern Wealth Survey, the average American thinks being rich means … Continue reading → The post How Do You Know If You Are Rich? appeared first on SmartAsset Blog.  ( 41 min )

Berkshire Hathaway's annual meeting couldn't come at a better time. With so much up in the air, everyone wants to know what Buffett will say.  ( 40 min )

The amount you collect from an annuity depends on when you invest, the return your specific annuity offers and the details of your particular contract. As a result, it's difficult to provide a specific answer to what any single person … Continue reading → The post How Much Would a $1 Million Annuity Pay? appeared first on SmartAsset Blog.  ( 42 min )

A Roth Individual Retirement Account (IRA) can offer tax benefits in the form of tax-free withdrawals in retirement. If you have a traditional IRA or 401(k), you can use a Roth conversion to change the tax status of your retirement … Continue reading → The post How Many Roth Conversions Can You Make Per Year? appeared first on SmartAsset Blog.  ( 41 min )

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The indebted movie theater chain said it raised $155 million of cash through the sale of AMC Preferred Equity Units, or APEs, in the first quarter and it kept selling them in the current quarter.  ( 22 min )

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(Bloomberg) -- Carvana Co.’s shares surged after the debt-ridden automobile retailer said it expected to report a profit this quarter following a string of losses.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinThe c  ( 39 min )

U.S. stock futures rose Friday morning as investors await the Labor Department's closely watched April jobs report, set for release at 8:30am ET.  ( 41 min )

Super Micro Computer (SMCI) shares are up a staggering 66% in 2023. Raised guidance and big appetite for the shares tell the story.  ( 39 min )

Warner Bros. Discovery reported quarterly earnings before the bell on Friday. Here's what to know.  ( 40 min )

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Cynt Marshall is the first black woman to lead an NBA side—but it was never part of her plan.  ( 39 min )

Apple's better-than-expected fiscal second-quarter revenue is driven by strong iPhone sales, Carvana's first-quarter loss narrows, and results at Coinbase get a boost from Bitcoin's rally this year.  ( 22 min )

(Bloomberg) -- Crowded equity trades and possible policy remediation for US regional banks may bring an end to a trade that’s roiled broader markets but proved lucrative for some short sellers. Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarApple Shares Rise After iPhone Bounces Back, Sales Top EstimatesHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsTD, First Horizon End  ( 40 min )

(Bloomberg) -- A resort island off southern China, best known for its balmy weather and sandy beaches, has become the unlikely focus of Europe’s concerns over a booming waste-oil industry.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesZelenskiy Denies Ukraine Sent Drones t  ( 39 min )

(Bloomberg) -- PacWest Bancorp led a rebound across US regional banking stocks following a bruising week of losses, amid escalating worries over the health of the industry following the recent collapse of several lenders.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesHeavy  ( 39 min )

Russia has lost the leverage it once had. Europe has an excellent opportunity to retaliate, writes Borys Dodonov.  ( 32 min )

(Bloomberg) -- A top Greater China fund is joining Warren Buffett in voicing concerns over Taiwan Semiconductor Manufacturing Co.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinUni-President Asset Management Corp.’s  ( 40 min )

Highly educated and highly-paid white-collar occupations may be most exposed to generative AI.  ( 22 min )

If Jamie Dimon was pondering a career change as a fortune-teller, he’d be wise to stick to the day job. On the other hand, if someone of Dimon’s stature could be so wrong about the banking turmoil that continues to sweep across the US, a cynic might ask whether he was still the right person to be running one of the world’s largest financial institutions, particularly when that organisation is right at the centre of Government-led efforts to prop up the whole system.  ( 40 min )

(Bloomberg) -- Lithium’s dramatic price slump has mining heavyweights chasing takeovers of companies with early stage or pre-production projects. But one giant is warning that offering high premiums for smaller miners comes with risks.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top  ( 40 min )

Despite Berkshire Hathaway's outperformance relative to the S&P 500, one investor is calling for the removal of Warren Buffett as its chairman.  ( 40 min )

(Bloomberg) -- A senior software engineer at Google wrote a critique asserting that the internet search leader is losing its edge in artificial intelligence to the open-source community, where many independent researchers use AI technology to make rapid and unexpected advances.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallBank Drama Rages  ( 40 min )

There’s been an upsurge of positive sentiment recently, as the 1Q23 earnings reports have been better than expected. Late last week, with 53% of the S&P companies having reported, 79% had beaten the EPS estimates. This is a historically high number, above both the 5- and 10-year averages, and the aggregate beat, of 6.9%, is above the average beat of 6.4% over the past decade. Morgan Stanley’s chief investment officer Mike Wilson notes that this has investors expecting a ‘meaningful upward inflec  ( 42 min )

(Bloomberg) -- Apple Inc. chief Tim Cook singled out India on Thursday as pivotal for the iPhone maker, underscoring how the world’s most populous country is on the cusp of becoming both a major market and production base.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallBank Drama Rages On; Apple Climbs in Late Trading: Markets WrapPacWest Is  ( 39 min )

(Bloomberg) -- Alibaba Group Holding Ltd.’s international online shopping unit is exploring a US initial public offering as it weighs options to spur growth for the business that includes major e-commerce brands Lazada and AliExpress.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top E  ( 40 min )

A pension plan is an employee benefit that commits the employer to make regular payments to the employee in retirement.  ( 33 min )

The investor relations (IR) department is a division of a business whose job it is to provide investors with an accurate account of company affairs.  ( 24 min )

Online used car retailer Carvana (CVNA) posted better-than-expected results and said its adjusted earnings would be positive for the current quarter.  ( 16 min )

U.S. equities jumped higher on May 5, 2023, as shares of regional banks bounced back from the previous day's losses.  ( 16 min )

The Black-Scholes model is a mathematical equation used for pricing options contracts and other derivatives, using time and other variables.  ( 30 min )

Visa, American Express and JP Morgan rode a surge in the banking sector, while oil prices moved Chevron shares higher  ( 16 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )

See how the top nationwide rates on high-yield savings accounts are trending. Our rate data is checked daily for almost 100 financial institutions.  ( 17 min )

An overview of what is required to go to the Berkshire Hathaway Annual General Meeting.  ( 21 min )

A closed fund is a fund that is closed to investors, either temporarily or permanently. Learn why funds close and what this means to your investment.  ( 19 min )

Discover how mortgage lenders confirm your current employment situation. Also, learn what to do when employers refuse to verify employment.  ( 19 min )

Reducing the interest rate charged on your credit card balance is the first step to getting out of debt. Learn techniques to become debt-free.  ( 26 min )

Officials lay out principles on safety and security, while lawmakers, agencies look to rein in emerging AI technology.  ( 17 min )

First Republic Bank’s collapse was due to several factors, including its high levels of uninsured deposits and broader concerns about the stability of regional banks.  ( 26 min )

Rates on 30-year mortgages inched just slightly up, remaining near a three-week low. Movement on other averages was mixed, mostly by small increments.  ( 18 min )

Robinhood hiked the interest rate for its best customers' uninvested cash balances to 4.65% APY. That's great for a brokerage cash account, but you can earn more elsewhere.  ( 16 min )

Banks are borrowing at and charging high interest rates in lockstep with the Federal Reserve. Why aren't they offering that to their depositors?  ( 20 min )

Southwestern Energy, New York Community Bancorp, and First Solar are top stocks in Russell 1000 for value, growth, and momentum, respectively  ( 22 min )

Learn how much time it takes for brokers to receive confirmation of different types of orders, such as buying and selling stock.  ( 22 min )

Lower first-quarter oil prices likely translated into declining profits for Houston-based Occidental Petroleum.  ( 17 min )

A house maintenance requirement is the level of minimum margin account equity that is required by a brokerage firm.  ( 21 min )

Whether you’re buying a car, a home, or paying for college, you may need more money for a purchase or a bill than you have in savings.  ( 18 min )

"In street name" is a slang term used to describe a brokerage that holds securities on behalf of a client.  ( 22 min )

Cost basis is the original value or purchase price of an asset or investment for tax purposes.  ( 29 min )

The new Chase Aeroplan World Elite Mastercard Credit Card offers a big sign-up bonus, bonus rewards on everyday spending categories, and other perks.  ( 19 min )

Use our amortization schedule calculator to estimate your monthly loan repayments, interest rate, and payoff date on a mortgage or other type of loan.  ( 18 min )

The predetermined delivery price of a forward contract, as agreed on and calculated by the buyer and seller.  ( 23 min )

The unemployment rate has remained between 3.4% and 3.7% for more than a year, despite fears that the labor market may succumb to interest rate pressures.  ( 16 min )

The Labor Department will release its monthly job report and the FDIC is reportedly planning to make big banks cover the fees for recent rescues. Here’s what investors need to know today.  ( 17 min )

FDIC is providing $228.2 billion in lending for Silicon Valley, Signature, and First Republic takeovers.  ( 18 min )

You can't go wrong with either E*TRADE or Fidelity, but Fidelity does do better with more competitive rates.  ( 24 min )

Learn more about sports investing before you dive into an investment related to your favorite teams. We've got the pros and cons of sports investing.  ( 21 min )

Southwestern Energy, New York Community Bancorp, and First Solar are top stocks in Russell 1000 for value, growth, and momentum, respectively  ( 1 min )

The Labor Department will release its monthly job report and the FDIC is reportedly planning to make big banks cover the fees for recent rescues. Here’s what investors need to know today.  ( 1 min )

U.S. equities indexes moved lower on May 4, 2023, on renewed concerns about the strength of the banking sector.  ( 1 min )

Ondanks de kostbare breuk met rapper Ye maakte adidas 60 miljoen euro winst in het eerste kwartaal van 2023. De CEO van het bedrijf noemt de stukgelopen samenwerking wel pijnlijk. Het kost adidas tot nu toe al zo'n 400 miljoen euro en levert veel kopzorgen op.  ( 1 min )

Ondanks de kostbare breuk met rapper Ye maakte adidas 60 miljoen euro winst in het eerste kwartaal van 2023. De CEO van het bedrijf vindt de stukgelopen samenwerking toch pijnlijk. Het kost adidas tot nu toe al zo'n 400 miljoen euro en het zorgt voor een hoop kopzorgen.  ( 3 min )

Turkse munten die op euro's lijken, zijn momenteel in omloop in Nederland. Wie met contant geld betaalt, moet daarom goed naar het wisselgeld kijken, waarschuwt De Nederlandsche Bank (DNB). De Turkse muntstukken zijn lang niet zoveel waard als euro's.  ( 3 min )

Het Tijdelijk Noodfonds Energie heeft in totaal meer dan 165.000 aanvragen binnengekregen voor energiesteun. Het fonds was een week langer beschikbaar omdat nog zoveel mensen vlak voor de deadline een aanvraag deden.  ( 3 min )

Marktprijzen voor basisvoedsel als suiker en vlees zijn voor het eerst sinds april 2022 gestegen. De stijging kan gevolgen hebben voor hoeveel geld we kwijt zijn in de supermarkt.  ( 3 min )

De inflatie zal pas in 2025 in rustiger vaarwater komen. De beoogde 2 procent wordt pas over twee jaar bereikt, verwacht Europese Centrale Bank-bestuurder François Villeroy de Galhau.  ( 4 min )

Nadat onlangs al drie banken in de Verenigde Staten kopje-onder waren gegaan, staan nu opnieuw enkele banken onder druk. Zo verloor PacWest donderdag meer dan de helft van zijn beurswaarde.  ( 4 min )

Techbedrijven hebben de morele plicht om ervoor te zorgen dat systemen voor kunstmatige intelligentie (AI) veilig zijn, vindt de Amerikaanse vicepresident Kamala Harris.  ( 4 min )

Vliegmaatschappij KLM vervoerde in de eerste drie maanden van dit jaar meer reizigers dan vorig jaar en wist ook zijn ticketprijzen op te voeren. Toch moest de vliegmaatschappij een operationeel verlies van 128 miljoen euro in de boeken zetten door gestegen kosten, onder meer door duurdere kerosine.  ( 4 min )

Apple heeft afgelopen kwartaal minder omzet gemaakt dan in dezelfde periode vorig jaar. Er gingen minder computers en tablets over de toonbank. De iPhone-producent verdiende nog wel meer geld aan de verkoop van iPhones en diensten zoals de verkoop van apps in de App Store.  ( 4 min )

In de eindfase van de omstreden kinderopvangtoeslag wil het kabinet de toeslag tweemaal verhogen om de opvang goedkoper te maken. In diezelfde periode vervalt een belastingvoordeel voor kersverse ouders. Hoewel de plannen nog niet definitief zijn, maakt de opvangsector zich zorgen: "Ouders zijn echt de dupe."  ( 6 min )

In twintig jaar is LinkedIn uitgegroeid van een digitale cv-database tot dé plek waar mensen lief en leed vanaf de werkvloer delen. De toon op het netwerk wordt steeds minder zakelijk. Maar niet iedereen zit daarop te wachten.  ( 6 min )

In de eindfase van de omstreden kinderopvangtoeslag wil het kabinet de toeslag tweemaal verhogen om de opvang goedkoper te maken. In diezelfde periode vervalt een belastingvoordeel voor kersverse ouders. Hoewel de plannen nog niet definitief zijn, maakt de opvangsector zich zorgen: "Ouders zijn echt de dupe."  ( 6 min )

FDIC is providing $228.2 billion in lending for Silicon Valley, Signature, and First Republic takeovers.  ( 1 min )

Shares of Paramount Global (PARA) slid 28% on May 4, 2023, as the company missed profit and revenue estimates and slashed its quarterly dividend.  ( 1 min )

Shares of Kenvue, the consumer health spinoff of Johnson & Johnson, jumped higher on May 4, 2023, their first day on the markets.  ( 1 min )

Credit card funding is using a credit card account to fund a new financial account or business venture.  ( 20 min )

Shares of Kenvue, the consumer health spinoff of Johnson & Johnson, jumped higher on May 4, 2023, their first day on the markets.  ( 16 min )

Shares of Paramount Global (PARA) slid 28% on May 4, 2023, as the company missed profit and revenue estimates and slashed its quarterly dividend.  ( 16 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 16 min )

Apple shares gained after a strong second-quarter earnings report, with a March record for iPhone sales, an all-time high for services revenue and a $90 billion stock buyback.  ( 16 min )

U.S. equities indexes moved lower on May 4, 2023, on renewed concerns about the strength of the banking sector.  ( 16 min )

The 30-year mortgage average gave up an eighth of a point, dropping it to its lowest level in almost three weeks. Other rates were down almost across the board.  ( 18 min )

529 plans are for education, and Roth IRAs are for retirement. But you can use either—or both—of these tax-advantaged plans to boost college savings.  ( 29 min )

The Dow drops more than 300 points led by a Disney dive on rival Paramount's poor advertising and streaming results.  ( 16 min )

A Coverdell education savings account is a trust that assists families with educational expenses.  ( 23 min )

A third-party administrator provides operational services such as claims processing and employee benefits management under contract to another company.  ( 23 min )

Sarah Bloom Raskin is an American attorney and regulator who has served both as the deputy secretary of the U.S. Treasury Department and as a governor of the Federal Reserve Board.  ( 22 min )

"Long term" refers to the extended period of time that an asset is held. Depending on the type of security, a long-term asset can be held for one year or many years.  ( 22 min )

A growth curve is a visual depiction of the growth of a phenomenon, with the x-axis typically representing time and the y-axis growth.  ( 21 min )

Unlimited liability is a type of business structure in which owners share responsibilities for the entire amount of debt and liabilities amassed by the business.  ( 23 min )

Risk control is a technique that utilizes findings from risk assessments within a company to reduce the risk found in these areas.  ( 26 min )

When Federal Reserve Chair Jerome Powell speaks, markets listen and move—even more so than they have to past Fed chairs.  ( 17 min )

Risk management is a form of insurance in itself for small business owners. Here are seven steps to implement a plan.  ( 19 min )

Margin is the money borrowed from a broker to purchase an investment and is the difference between the total value of the investment and the loan amount.  ( 29 min )

Shares of PacWest Bancorp, First Horizon and Western Alliance, down 46%, 34% and 30%, led a broader intra-day trading rout in the stocks of U.S. regional and mid-sized banks.  ( 18 min )

529 plans and permanent life insurance are two ways that parents can fund their kids' education. Here are the pros and cons of each.  ( 24 min )

The mode is a statistical term that refers to the most frequently occurring number found in a set of numbers.  ( 21 min )

CSCO is top for value while FTNT and VRSN are top for growth and momentum, respectively  ( 20 min )

These are the robotics stocks with the best value, fastest growth, and most momentum for Q2 2023.  ( 22 min )

The federal funds rate is the target interest rate set by the Fed at which commercial banks borrow and lend their extra reserves to one another overnight.  ( 25 min )

Contractors' all risks (CAR) insurance covers contractors for both damage to a property and third-party injury or damage claims throughout the construction period.  ( 20 min )

The application drop-off came as the average 30-year fixed rate fell five basis points to 6.5%, the first time rates have dropped in three weeks.  ( 17 min )

Websites and credit cards can offer you direct and indirect sources of free money to pay off your student loan.  ( 24 min )

Here are the pros and cons of paying cash for your house vs. using a mortgage.  ( 27 min )

These are the top 10 most heavily weighted stocks in the S&P 500 Index.  ( 25 min )

An investment advisory representative (IAR) is a professional who works for an investment advisory company.  ( 22 min )

Loans and lines of credit are both ways to borrow from lenders, but they differ in how they can be used and how they are paid off.  ( 25 min )

Use the lens of social responsibility to focus your search.  ( 23 min )

Is it possible to have more than one personal loan at once? Yes, it is. However, the number of personal loans you can have at once is limited by your lender.  ( 21 min )

Champion Iron, Reliance Steel, and Steel Dynamics lead the industry in revenue growth.  ( 20 min )

Berkshire Hathaway is expected to show higher revenues and net income at its latest annual meeting, as investors probe Buffett and Charlie Munger over regional banks.  ( 18 min )

It was the second straight quarterly decline in equity-rich homes across the U.S. following 10 consecutive quarterly gains.  ( 16 min )

A report indicating PacWest Bancorp has begun considering options including a possible sale, slashed 59% from the bank's market value in extended hours trading Wednesday.  ( 18 min )

PayPal's net income is expected to rise 53% after the company reined in costs during Q1 2023 amid a challenging economy.  ( 17 min )

PacWest shares fell over 40% in pre-market trading amid reports it's exploring options that include a sale, and the European Central Bank is expected to hike rates to curb inflation. Here’s what investors need to know today.  ( 17 min )

JPMorgan's First Republic Bank purchase includes loss-sharing deal with FDIC, similar to its 2008 acquisition of Bear Stearns.  ( 19 min )

Learn about the difference between two freight methods and how costs apply to them.  ( 21 min )

Vice President Kamala Harris will meet with the CEOs of Alphabet, Anthropic, Microsoft, and ChatGPT-maker OpenAI to talk about ways to mitigate risks of the new technology.  ( 16 min )

Understand how auto insurance companies value cars and learn why your insurance may not cover the cost of a similar vehicle.  ( 24 min )

A lock-up option is a stock option offered by a target company in a takeover battle to a white knight for some of the company's shares or best assets.  ( 19 min )

Often, we think of the client experience as what we provide to our clients in services, touchpoints and products.  ( 22 min )

Whether you want to become a financial advisor or need to hire one, here are five traits that most successful financial advisors have.  ( 22 min )

Apple's financial results came in above estimates in both revenue and earnings per share. The tech company reported on its second quarter Thursday afternoon.  ( 39 min )

Shares of Kenvue, the consumer health spinoff of Johnson & Johnson, jumped higher on May 4, 2023, their first day on the markets.  ( 17 min )

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(Bloomberg) -- Icahn Enterprises LP, under pressure from short seller Hindenburg Research, said it would pay a dividend of $2.00 per unit to investors, sending shares higher after market. Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallBank Drama Rages On; Apple Climbs in Late Trading: Markets WrapPacWest Is Weighing Strategic Options, Inclu  ( 39 min )

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Apple shares gained after a strong second-quarter earnings report, with a March record for iPhone sales, an all-time high for services revenue and a $90 billion stock buyback.  ( 18 min )

Shares have faced headwinds since March after a critical report from a short-seller. The company's latest earnings were mixed, but could be enough to boost confidence.  ( 35 min )

Apple once again posted an, until now, rare revenue decline in its latest fiscal quarter, but said its overall business improved from the December quarter and sales of its iPhones were solid. The results reported Thursday were better than Wall Street's muted expectations and Apple's stock inched higher in after-hours trading. The latest numbers come after the Cupertino, California, company in February posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sales of the latest iPhone during the holiday season.  ( 38 min )

In a quarterly earnings release, Apple announced (pdf) it would allow $90 billion in share buybacks this year, in line with last year’s figure, as the company continues to flex its financial muscle in the face of declining revenue.  ( 37 min )

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Warren Buffett bought Apple for the first time in 2016, years after "everyone" knew the company had a hit with the iPhone. Since then, Apple stock more than quintupled.  ( 40 min )

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Insiders at Zions Bancorp, U.S. Bancorp, and other bank bought up stock on the open market in late April and early May.  ( 39 min )

Momentum is growing to enact unlimited deposit insurance, even among anti-bailout free marketeers.  ( 43 min )

Regulators step in after PacWest and Western Alliance shares plunge as investors fear repeat of First Republic, SVB and Signature failures  ( 39 min )

Bausch Health Companies Inc (NYSE: BHC) reported Q1 FY23 revenues of $1.94 billion, up 1% Y/Y, up 4% organic basis, missing the consensus estimate of $1.97 billion. Revenues for Bausch Health (excl. B+L) was $1.01 billion, down 2%. Bausch + Lomb segment reported revenues were $931 million, +5%. Salix segment revenues were $496 million for Q1, compared with $464 million a year ago. Xifaxan, Relistor, and Trulance drove sales growth. The company reported an EPS loss of $(0.55), compared with $(0.1  ( 38 min )

Steel producer Cleveland-Cliffs has seen shares slide since early March. Chairman and CEO Lourenco Goncalves just bought $1.5 million of shares.  ( 34 min )

Costco members looking for a stylish Volvo electric vehicle will need to act fast for a big discount. The membership warehouse club is currently offering $2,500 off the price of new 2023 or 2024 Volvo XC40 Recharge and C40 Recharge SUVs. These two models are currently the only full EVs Volvo has on offer, and Costco members qualify for the discounts if they buy or lease.  ( 39 min )

IBM CEO Arvind Krishna appears to imagine a world of harmony between robots and workers, at least in his office.  ( 41 min )

Michel Dimitrios Doukeris, Anheuser-Busch InBev's (BUD) CEO, took a few minutes on Thursday's earnings call with investors to address the backlash the company is facing. Here's what he had to say.  ( 40 min )

(Bloomberg) -- One regional bank is a thorn in the side of the multibillion-dollar short trade against the sector. Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallChina Takes the Yuan Global in Bid to Repel a Weaponized DollarPacWest Is Weighing Strategic Options, Including Possible SalePushback Against Powell’s Prognosis Comes Almost ImmediatelyTraders betting against shares of New York Community Banco  ( 39 min )

The timeless adage “buy low, sell high” has attracted countless people to participate in the stock market. But as many discover the hard way, the strategy is easier said than done. Stocks don’t always go up. Even though the S&P 500 is up 7% in 2023, it’s still down compared to where it was a year ago. The good news? You don’t have to actively trade stocks to make money. You can also collect dividends. By doing so, investors can bypass the stress and uncertainty associated with attempting to time  ( 40 min )

J&J's consumer brand spinoff debuts on the NYSE Thursday.  ( 40 min )

Bill Ackman, Nelson Peltz, and Jeffrey Gundlach all think the Fed is wrong about the banking system.  ( 40 min )

The involvement of Warren Buffett, who highly values dividend payers, has helped sustain Paramount’s stock through the streaming market’s reset.  ( 26 min )

Advanced Micro Devices, Inc (NASDAQ: AMD) shares are trading higher today for no specific company-related reasons. The chipmaker reported its upbeat first-quarter earnings, followed by weaker guidance that sparked a sell-off this week. AMD's first-quarter revenue came in at $5.35 billion, down 9% year-on-year, beating the consensus of $5.3 billion. The adjusted EPS of $0.60, down 47% Y/Y, beat the consensus of $0.56. CEO Lisa Su voiced its "big bet" on the generative AI boom, ensuring it has all  ( 38 min )

First-quarter earnings didn't reveal the financial impact of a boycott over social media influencer Dylan Mulvaney. It's guidance didn't either.  ( 36 min )

Johnson & Johnson's (NYSE: JNJ) consumer-healthcare business carve-out, Kenvue Inc, priced its upsized initial public offering of 172.8 million shares at $22.00 per share. The IPO values Kenvue at about $41 billion. The offering was priced at the higher end of the $20 to $23 targeted range, with about 10% more shares sold than planned. Kenvue has granted the underwriters an option to purchase up to 25.9 million shares. Kenvue's common stock has been approved for listing on the New York Stock Exc  ( 38 min )

The interest rate on Series I savings bonds bonds for the last six months has been an impressive 6.89%. But investors looking to jump into new issue bonds are in for a letdown. According to the Treasury, the rate for … Continue reading → The post The Big I Bond Letdown Comes With a Silver Lining appeared first on SmartAsset Blog.  ( 39 min )

The entertainment giant reports second-quarter results on Wednesday, May 10  ( 38 min )

On May 4, First Horizon announced that it and TD Bank had mutually agreed to terminate their $13.4 billion deal. Here's what First Horizon execs had to say about it on an investor call this morning.  ( 18 min )

TCW Group CEO Katie Koch thinks sentiment in the banking industry is riding a little too high right now as regional banks stumble.  ( 40 min )

(Bloomberg) -- Western Alliance Bancorp denied a report that it’s exploring strategic options including a possible sale of all or part of its business.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleTD, First Horizon End $13 Billion Merger as Regulators StallChina Takes the Yuan Global in Bid to Repel a Weaponized DollarPushback Against Powell’s Prognosis Comes Almost Immediately“This story is absolut  ( 39 min )

(Bloomberg) -- Crude markets have suffered a disastrous few weeks, dragged down by alarm over the wider economy. But real oil demand still looks strong enough to foster a rebound in prices. Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallPacWest Is Weighing Strategic Options, Including Possible SaleBank Drama Rages On; Apple Climbs in Late T  ( 40 min )

Microsoft, Apple, Alphabet, and Meta Platforms stock have surged this year, but the rise hasn't lifted nearby boats, including components of Cathie Wood’s ARK Innovation ETF.  ( 38 min )

(Bloomberg) -- Rooftop solar companies SunPower Corp. and Sunrun Inc. posted higher-than-expected sales in the first-quarter as homeowners in California rushed to install panels before a cut in a key state solar subsidy. Now, customers will have a months-long wait for new installations. Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks  ( 39 min )

The Fed's aggressive interest rate hikes have eroded the value of bank assets such as government bonds and mortgage-backed securities.  ( 38 min )

Ride-sharing firm Lyft reported its Q1 earnings on Thursday.  ( 39 min )

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Many financial experts are talking up the prospect of a recession hitting this year and one legendary investor agrees with that line of thought. “We’re gonna have a hard landing and a bad recession in the U.S,” Stanley Druckenmiller has said, “probably sometime later this year.“ Druckenmiller now manages his investing affairs through his Duquesne Family Office, yet he had outsized success as a hedge fund manager for 30 years and is worth ~$6.4 billion. So, it’s definitely worth listening to his  ( 42 min )

Apple will report its Q2 earnings after the bell on Thursday, with Wall Street expecting revenue to fall nearly 5% year-over-year.  ( 39 min )

Anheuser-Busch said it would triple its U.S. marketing spending on the brand this summer after the turmoil dented sales.  ( 28 min )

The chipmakerhasn’t gotten a sustained lift from a beat-and-raise quarter. The CEO bought $250,000 worth of the stock.  ( 38 min )

Anheuser-Busch CEO Michel Doukeris distanced Bud Light from transgender influencer Dylan Mulvaney on an earnings call with investors Thursday, claiming Bud Light partnered with Mulvaney for "one post," not a campaign.  ( 39 min )

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Concerns at PacWest weighed on the regional banking sector on Thursday.  ( 39 min )

Block stock has faced headwinds since March after a critical report from a short-seller. Solid earnings could boost confidence in the fintech group.  ( 35 min )

The online furniture retailer said it expects to achieve a positive result in terms of adjusted Ebitda as soon as this quarter.  ( 35 min )

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US regional banks have been wracked by fears of contagion as PacWest attempted to calm investors after its shares plunged as much as 60pc overnight.  ( 40 min )

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If someone close to you has died, the last thing you may want to talk about is money. However, in order to honor their final wishes, you'll need to follow their will (if they left one) or potentially go to … Continue reading → The post How to Deposit a Large Cash Inheritance appeared first on SmartAsset Blog.  ( 40 min )

There's no shortage of budgeting and spending rules when it comes to personal finance. One says you shouldn't spend more than 30% of your monthly income on housing. Another says to always save 10% of your income. Don't take more … Continue reading → The post Are You Using the Golden Ratio of Finance? appeared first on SmartAsset Blog.  ( 39 min )

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I will be 72 years old on Feb. 10, 2023. I have a traditional individual retirement (IRA) account. Most of the money is tied in stocks, and the stocks this year are way down. If I sell to pay the … Continue reading → The post Ask an Advisor: When Taking RMDs, How Do I Avoid Locking in Losses? I'll Be 72 Years Old Soon, and My Stocks Are ‘Way Down' This Year appeared first on SmartAsset Blog.  ( 41 min )

A qualified income trust (or QIT) is a special form of trust designed to help people receive long-term care benefits under Medicaid. It is intended for people who make too much money to receive long-term or residential-care benefits under the … Continue reading → The post A Clever Strategy to Get Your Long-Term Care Costs Covered by Medicaid appeared first on SmartAsset Blog.  ( 41 min )

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Weight-loss drugs from companies such as Eli Lilly and Novo Nordisk are poised to become big sellers. It isn’t too late to invest.  ( 37 min )

PacWest and other regional banks plunged overnight on a wave of new pessimism about the industry  ( 43 min )

Apollo Global Management Inc (NYSE: APO) is reportedly close to taking Arconic Corporation (NYSE: ARNC) private in a roughly $3 billion deal. The deal is set to value Arconic at $30/share. Assuming the talks don’t fall apart at the last minute, the announcement to come by the time Arconic reports its results Thursday, Wall Street Journal reported citing people close to the matter. The industrial company, separated in 2016 from Alcoa Corp (NYSE: AA), has a hefty debt load of more than $1.5 billio  ( 38 min )

The media company said the charges are tied to a plan to remove certain programming as it combines streaming platforms. Shares fell more than 15% premarket.  ( 25 min )

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Wall Street had expected the e-commerce software company to post a fiscal first-quarter loss.  ( 43 min )

The exercise-equipment company said quarterly revenue declined 22% as demand for connected fitness equipment continued to fall.  ( 25 min )

PayPal's net income is expected to rise 53% after the company reined in costs during Q1 2023 amid a challenging economy.  ( 19 min )

Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon this week that the worst of the recent crisis is over and the health of the banking system remains strong. Bank shares have sold off on Wall Street this week following the government seizure and subsequent sale of First Republic Bank to JPMorgan. It was the second-largest bank failure in U.S. history and the third failure of a midsize lender in two months.  ( 43 min )

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The animal health provider maintained its guidance for full year 2023 after first quarter earnings beat expectations.  ( 42 min )

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Paramount Global reported quarterly earnings before the bell on Thursday. Here's what to know.  ( 41 min )

Paramount Global reported quarterly earnings before the bell on Thursday. Here's what to know.  ( 40 min )

Paramount Global reported quarterly earnings before the bell on Thursday. Here's what to know.  ( 40 min )

The companies said the decision was made after TD Bank considered that obtaining the regulatory prerequisites wasn’t certain.  ( 25 min )

The biotech reports first-quarter profit of 19 cents a share, beating estimates of a $1.75 loss. Moderna also reiterates its Covid-19 vaccine sales outlook.  ( 37 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

With a slowing global economy crimping demand, Moscow appears not to have followed through on pledges to ax output.  ( 26 min )

Employers think remote work is merely a benefit they can roll back in times of economic hardship–but there are deeper issues at stake.  ( 40 min )

The world’s largest brewer finally has another reason for making headlines besides its Bud Light marketing blunder: Stellar earnings.  ( 41 min )

(Bloomberg) -- After blowout results from Microsoft Corp. and Meta Platforms Inc. spurred huge rallies in their stocks, there are concerns the bar has been set too high for Apple Inc.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Record as China Worries DeepenChina Takes the Yuan Global in Bid to Repel a Weaponize  ( 40 min )

One of the most successful stock pickers of all time admitted years ago that he was “dead wrong” on an earlier oil-company investment. What’s changed for Berkshire Hathway?  ( 28 min )

The iPhone maker is expected to report that its sales declined as demand has waned for some of its products after reaching record levels during the pandemic.  ( 27 min )

Shell is to hand $12bn (£9.6bn) back to shareholders after posting a record quarterly profit of $9.7bn, triggering fresh calls for a bigger windfall tax on energy companies.  ( 39 min )

First-quarter earnings at Shell were $9.7 billion, slightly lower than the fourth quarter, but substantially higher than analysts' estimates of $8 billion.  ( 33 min )

PacWest shares plummeted by 50pc in after hours trading in New York amid talks of a rescue for the US regional bank.  ( 41 min )

Shares of the iPhone maker are up 31% this year, though Wall Street is forecasting another year-over-year sales decline in the latest quarter.  ( 34 min )

(Bloomberg) -- PacWest Bancorp said deposits have increased since March and confirmed it’s in talks with several potential investors, seeking to calm markets after a 60% stock rout that made it the new focal point of concern over the health of US regional lenders.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Reco  ( 39 min )

(Bloomberg) -- The rally in US Treasuries is set to accelerate as the world’s biggest economy slides toward a recession, analysts say.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Record as China Worries DeepenNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItBenchmark 10-year yields may fall to as  ( 39 min )

Coinbase is expected to report a first-quarter loss of $1.98 a share on Thursday, but many analysts are more focused on the regulatory backdrop.  ( 34 min )

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Weight-loss drugs from companies such as Eli Lilly and Novo Nordisk are poised to become big sellers. It isn’t too late to invest.  ( 37 min )

(Bloomberg) -- After a wave of selling over the last week it was little surprise when US crude futures opened lower on Thursday, but few traders were braced for the 7.2% plunge that unfolded in the first dramatic minutes of trading.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Record as China Worries DeepenNigeri  ( 39 min )

(Bloomberg) -- Within hours of the Federal Reserve’s latest policy decision, traders and commentators alike had started to challenge Chair Jerome Powell’s assessment of the economy.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Record as China Worries DeepenNigeria Targeted a UK Mansion; Its Next Leader’s Son Now  ( 40 min )

(Bloomberg) -- Oil sank to its lowest since 2021 as weak demand data from the US added to concerns that the global economy is set for a recession.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItUS Looks Past India’s Rights Record as China Worries DeepenBanker Pay Surges For Those Willing to Work in Saudi ArabiaCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWest Texas Interm  ( 38 min )

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Another regional bank, PacWest Bancorp, is mulling a sale or other moves, according to Bloomberg. Raising capital and breaking up its businesses are other options.  ( 39 min )

(Bloomberg) -- Johnson & Johnson’s consumer health business Kenvue Inc. has priced its initial public offering at $22 per share, according to people familiar with the matter. Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItUS Looks Past India’s Rights Record as China Worries DeepenBanker Pay Surges For Those Willing to Work in Saudi ArabiaCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-S  ( 39 min )

The firms are set to pay $30 a share, or about $3 billion, for the industrial-parts manufacturer, according to people familiar with the matter.  ( 26 min )

Wednesday evening, Albemarle reported first-quarter adjusted earnings per share of $10.32 from sales of $2.6 billion. Wall Street was looking for $7 and $2.7 billion, respectively.  ( 34 min )

Shares of PacWest Bancorp, First Horizon and Western Alliance, down 46%, 34% and 30%, led a broader intra-day trading rout in the stocks of U.S. regional and mid-sized banks.  ( 1 min )

PacWest shares fell over 40% in pre-market trading amid reports it's exploring options that include a sale, and the European Central Bank is expected to hike rates to curb inflation. Here’s what investors need to know today.  ( 1 min )

Energieleveranciers hebben redelijke prijzen gevraagd voor gas en elektra in het eerste kwartaal van dit jaar. Dat concludeert de Autoriteit Consument & Markt (ACM) na onderzoek. Volgens de toezichthouder zijn de hoge energieprijzen het gevolg van de onstuimige markt en is er geen sprake van woekerprijzen.  ( 4 min )

Energieleveranciers hebben redelijke prijzen gevraagd voor gas en elektra in het eerste kwartaal van dit jaar. Dat concludeert de Autoriteit Consument & Markt (ACM) na onderzoek. Volgens de toezichthouder zijn de hoge energieprijzen het gevolg van de onstuimige markt en is er geen sprake van woekerprijzen.  ( 4 min )

De Europese Centrale Bank (ECB) heeft haar belangrijkste rentetarief opnieuw verhoogd. Belangrijkste doel is om de inflatie terug te brengen richting de 2 procent. Tot nu toe is de inflatie ondanks zes eerdere renteverhogingen hooguit gestabiliseerd.  ( 4 min )

Het duurt nog enkele dagen voordat alle winkels van Albert Heijn in ons land optimaal bevoorraad zijn. De werkzaamheden in de verschillende distributiecentra zijn opgestart. Vooral in het noordoosten en zuidwesten van het land is er gebrek aan verse en houdbare producten.  ( 3 min )

Honderden medewerkers van autofabrikant VDL Nedcar in het Limburgse Born zijn donderdagochtend opnieuw in staking gegaan. Onderhandelingen tussen de vakbonden en de directie van de fabriek liepen eerder deze week vast, waarna woensdag een wilde staking uitbrak.  ( 4 min )

Honderden medewerkers van autofabrikant VDL Nedcar in het Limburgse Born zijn donderdagochtend opnieuw in staking gegaan. Onderhandelingen tussen de vakbonden en de directie van de fabriek liepen eerder deze week vast, waarna woensdag een wilde staking uitbrak.  ( 4 min )

Dankzij vollere winkelmandjes en een efficiëntere logistiek is het verlies van Zalando in het eerste kwartaal van dit jaar gehalveerd. Vorig jaar zakten de winstcijfers van de online kledingwinkel in elkaar omdat de consument na corona weer steeds meer naar fysieke winkels ging.  ( 3 min )

De Finse krant Helsingin Sanomat omzeilt de Russische censuur via de populaire game Counter-Strike: Global Offensive (CS:GO). De krant heeft in het spel een wereld gebouwd waar Russische spelers in een geheime ruimte informatie over de oorlog in Oekraïne kunnen vinden.  ( 4 min )

De geschorste Strukton-bestuursvoorzitter Gerard Sanderink krijgt alvast een opvolger. Het bouwbedrijf heeft voormalig BAM-topman Rob van Wingerden aangesteld. Strukton voert een procedure om definitief van Sanderink af te komen.  ( 3 min )

Werknemers belonen als ze nieuwe collega's binnenhalen, nieuw personeel hoger in de loonschaal plaatsen: alles wordt door werkgevers uit de kast gehaald om personeel aan te trekken. Maar die extraatjes die nodig zijn in de strijd tegen hoog personeelsverloop, zorgen er tegelijkertijd ook voor dat werknemers sneller vertrekken.  ( 3 min )

Shell had in het eerste kwartaal van dit jaar te maken met lagere prijzen voor olie en gas dan vorig jaar. Toch zette de energiereus een winst in de boeken van maar liefst 9,6 miljard dollar (8,6 miljard euro). Een stijging van 6 procent ten opzichte van een jaar eerder.  ( 3 min )

Het ergste van de gascrisis lijkt achter ons te liggen. Zo zijn de prijzen flink gezakt na de extreme stijgingen van vorig jaar. Daarom is het internationaal energieagentschap IEA voorzichtig optimistisch over de toekomst. Wel zijn er nog onzekerheden die roet in het eten kunnen gooien.  ( 4 min )

Albert Heijn en vakbonden CNV en FNV gaan binnenkort weer met elkaar om tafel over een nieuwe cao voor medewerkers van distributiecentra. De stakingen die vorige week begonnen en elf dagen duurden, veroorzaakten veel lege schappen in de supermarkt.  ( 4 min )

"Rechtvaardig, uitvoerbaar en ambitieus." Die woorden omschrijven volgens klimaatminister Rob Jetten zijn pakket maatregelen om de CO2-uitstoot extra terug te dringen. Toch gaat maar een klein puntje van de subsidietaart naar mensen in (energie)armoede. Een flink deel gaat naar de industrie en naar waterstofproductie.  ( 7 min )

Albert Heijn en vakbonden CNV en FNV gaan binnenkort weer met elkaar om tafel over een nieuwe cao voor medewerkers van distributiecentra. De stakingen die vorige week begonnen veroorzaakten veel lege schappen in de supermarkt.  ( 3 min )

De Europese Centrale Bank verhoogt haar rente vandaag waarschijnlijk opnieuw. Dat zou de zevende keer in minder dan een jaar tijd zijn. De verhogingen moeten de inflatie beteugelen, maar doen op steeds meer manieren juist pijn.  ( 5 min )

"Rechtvaardig, uitvoerbaar en ambitieus." Die woorden omschrijven volgens klimaatminister Rob Jetten zijn pakket maatregelen om de CO2-uitstoot extra terug te dringen. Toch gaat maar een klein puntje van de subsidietaart naar mensen in (energie)armoede. Een flink deel gaat naar de industrie en naar waterstofproductie.  ( 7 min )

A report indicating PacWest Bancorp has begun considering options including a possible sale, slashed more than half of the bank's market value in extended hours trading Wednesday.  ( 1 min )

JPMorgan's First Republic Bank purchase includes loss-sharing deal with FDIC, similar to its 2008 acquisition of Bear Stearns.  ( 1 min )

U.S. equities were lower on May 3, 2023, as Fed policymakers raised interest rates but suggested that they might pause their tightening campaign.  ( 1 min )

The Federal Reserve is expected to raise interest rates for the 10th straight time to curb inflation. Here’s what investors need to know today.  ( 1 min )

Treasury Secretary Janet Yellen warned the U.S. could hit its debt limit sooner than expected, as early as June 1 if Congress doesn't act to raise the debt ceiling. Here’s what investors need to know today.  ( 1 min )

U.S. equities tumbled on May 2, 2023, ahead of the Fed decision on interest rates and amid concerns about banks.  ( 1 min )

(Bloomberg) -- China is putting the yuan front and center in its fight back against the US's unique influence over global money.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItUS Looks Past India’s Rights Record as China Worries DeepenBanker Pay Surges For Those Willing to Work in Saudi ArabiaCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportPresident Xi Jinping's government h  ( 43 min )

The mobile-phone chip maker is diversifying into new areas as its core market slows.  ( 25 min )

These are stocks moving in after-hours on Wednesday, May 3, 2023  ( 40 min )

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(Bloomberg) -- Western Alliance Bancorp and other US regional bank stocks sank in afterhours trading as PacWest Bancorp plunged following a report that it’s said to weigh strategic options including a sale.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItUS Looks Past India’s Rights Record as China Worries DeepenCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportBanker Pay Surge  ( 38 min )

The regional firm has been among the most volatile bank stock since the failure of Silicon Valley Bank triggered a deposit run.  ( 22 min )

Wednesday's interest rate hike was largely priced in. What the market wants to know is what the Fed will do next.  ( 41 min )

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(Bloomberg) -- Regional US banking stocks joined a broad market rally ahead of a Federal Reserve decision, easing Tuesday’s deep selloff after the failure of troubled lender First Republic Bank prompted investors to renew their scrutiny on the sector’s prospects. Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Attack Putin in KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportUS Gives a ‘  ( 40 min )

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(Bloomberg) -- Hindenburg Research is targeting Carl Icahn’s investment firm as its latest victim, but short-sellers haven’t made much off the company’s $6.3 billion wipeout largely because Wall Street is so reluctant to bet against the billionaire.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportUS Looks Past India’s Rights Rec  ( 40 min )

My retirement savings were wiped out in market changes over the last couple of years. I am planning on working for about five more years. What investment suggestions do you have this late in the game? – Daniel Sorry to … Continue reading → The post Ask an Advisor: My Retirement Savings Were Wiped Out. How Can I Recoup My Recent Investment Losses This ‘Late in the Game?' appeared first on SmartAsset Blog.  ( 40 min )

Anheuser-Busch's first-quarter earnings won't reveal the financial impact of a boycott over social media influencer Dylan Mulvaney. But analysts will likely ask about it.  ( 23 min )

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(Bloomberg) -- Wall Street was stumped by the Federal Reserve on Wednesday. Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportUS Looks Past India’s Rights Record as China Worries DeepenBanker Pay Surges For Those Willing to Work in Saudi ArabiaIn the statement accompanying its quarter-point interest rate hike, the central bank re  ( 40 min )

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Stocks gave up their gains in late afternoon trading, after Federal Reserve Chairman Jerome Powell said the central bank was unlikely to cut rates this year. Around 3:50 p.m. ET, the S&P 500 was down 0.2%, the Dow Jones Industrial Average was off 0.4%, and the Nasdaq Composite was up 0.2%. Prior t  ( 23 min )

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Add Porsche to the list of luxury automakers taking share and making bigger profits in a post-pandemic world.  ( 40 min )

There’s a good chance guidance was conservative.  ( 22 min )

Kansas-based investor Stewart Horejsi became a billionaire sensation with a rags-to-riches story that is the envy of many. See Next: Gamers Making Thousands Selling Gaming Skins And Assets: Gameflip's Bold Vision For The Future Of Gaming Commerce While most people believe that becoming a billionaire requires a lifetime of dedication, hard work and a stroke of luck, Horejsi's journey to the top was all thanks to one savvy investment that changed his life forever. Horejsi is now worth an estimated  ( 40 min )

It’s no secret that U.S. Sen. Bernie Sanders is not a fan of America’s billionaires. When CNN host Chris Wallace asked him whether he believed the government should “confiscate all the rest” once a person makes over $999 million, the senator’s answer was affirmative. “Fine, yes, I think people can make it on $999 million,” he said. “I think that they can survive just fine.” Sanders emphasized that his view that billionaires shouldn’t exist does not constitute a personal attack on any specific bi  ( 40 min )

NVIDIA Corp (NASDAQ: NVDA) shares are trading lower in sympathy with Advanced Micro Devices, Inc (NASDAQ: AMD), whose weak outlook sparked a selloff. AMD's first-quarter revenue came in at $5.35 billion, down 9% year-on-year, beating the consensus of $5.3 billion. The adjusted EPS of $0.60, down 47% Y/Y, beat the consensus of $0.56. AMD guided second-quarter revenue to $5.3 billion, plus or minus $300 million, which trailed the consensus estimate of $5.49 billion. Nvidia shares gained close to 9  ( 38 min )

Dave Ramsey, best-selling author and personal finance expert, has been teaching people how to build wealth since 1992. He’s the host of “The Ramsey Show,” a radio show and podcast with over 20 million listeners per week, and has appeared on more TV shows than you can count, including “Good Morning America,” “CBS Mornings,” “Today,” Fox News and CNN. Don’t Miss: Kevin O'Leary-Backed Startup Lets You Become a Venture Capitalist With $100 According to GOBankingRates, Ramsey is one of Money’s Most I  ( 39 min )

The Fed continues to push the federal funds rate higher to curb inflation, which has slowed but still poses an economic threat.  ( 41 min )

“Sell in May and go away” might be a well-known maxim telling investors to keep their distance from the stock market for a while during this time of year, but if a Bank of America prediction is about to play out, investors may want to consider re-entering the market before the hot season kicks off. That’s because BofA technical strategist Stephen Suttmeier thinks various technical indicators are signaling the stock market is readying to push higher by as much as 5% over the summer – that is, aft  ( 43 min )

The billionaire investors entered a bitter feud a decade ago when Ackman made a $1 billion bet against nutritional supplements company Herbalife.  ( 38 min )

Apple will reports its Q2 earnings on Thursday, and they could be good or bad news for the rests of the tech industry.  ( 40 min )

Why pick one factor or style of investing when you can have them all?  ( 44 min )

PacWest and Western Alliance rise Wednesday after plummeting Tuesday.  ( 41 min )

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The Federal Reserve latest policy decision on Wednesday could mark the end of its rate hiking campaign, the most aggressive from the central bank since the 1980s.  ( 38 min )

Here are key takeaways from the Federal Reserve's interest-rate decision and statement on Wednesday: Federal Open Market Committee raises benchmark rate by 25 basis points, as forecast, to target range of 5%-5.25%; omits prior language saying “some additional policy firming” may be warranted, suggesting Fed could pause at the next meeting Instead, FOMC will take into account various factors “in determining the extent to which additional policy firming may be appropriate” Inflation remains elevat  ( 37 min )

Daqo New Energy Corp. and First Solar Inc are among top alternative energy names this quarter.  ( 22 min )

While other automakers have balked at following Tesla's lead and cutting prices, Ford is rolling the dice on what could be a very risky gambit.  ( 42 min )

While other automakers have balked, Ford is rolling the dice on what could be a very risky gambit.  ( 41 min )

Pandemic-related shutdowns in Asia are hurting Estee Lauder, which relies heavily on travel retail in the region.  ( 40 min )

Unity Software Inc (NYSE: U) is amid its third and largest round of layoffs in the past year, joining the downsizing bandwagon. Unity is slashing roughly 600 jobs, about 8% of its workforce. Unity is also planning to reduce its global network of offices over the next few years to fewer than 30 from 58 today, the Wall Street Journal reports. The job cuts come after Unity let go more than 500 employees in two rounds of layoffs, one this January and another last June, as macro headwinds weigh. The  ( 38 min )

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CVS Health Corp's (NYSE: CVS) Q1 sales increased 11% Y/Y to $85.28 billion, beating the consensus of $80.95 billion. The company's pharmacy and consumer wellness segment saw revenue grow 12% to $25.88 billion, as increased prescription volumes and higher prices offset declining revenue from fewer Covid-19 vaccines and tests. Prescriptions filled increased by 2.5% on a 30-day equivalent basis, primarily driven by increased utilization and the impact of an elevated cough, cold & flu season, partia  ( 38 min )

Warren Buffett's Berkshire Hathaway keeps buying Occidental Petroleum shares. Investors are asking whether an outright acquisition could be next.  ( 42 min )

The Democratic senator raised concerns about the deal reigniting the “Too Big to Fail” problem.  ( 40 min )

(Bloomberg) -- Large hedge funds would have just three days to privately tell US regulators about extraordinary investment losses and major margin events under a new rule that’s set to be approved by the Securities and Exchange Commission. Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapRussia Says It Foiled Kremlin Drone  ( 39 min )

(Bloomberg) -- The selloff in Icahn Enterprises LP triggered by a short report deepened on Wednesday, sending the stock to its lowest since December 2010. Most Read from BloombergRussia Says It Foiled Kremlin Drone Attack Aimed At PutinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportUS Gives a ‘Free Pass’ to India as Worry Over China Rivalry DeepensWall Street Rattled by 15% Tumble in Pair of Banks: Markets  ( 38 min )

U.S.-traded oil prices fell below $70 per barrel for the first time since March on Wednesday morning.  ( 22 min )

PacWest and Western Alliance rise Wednesday after plummeting Tuesday.  ( 41 min )

Pfizer Inc (NYSE: PFE) is reportedly looking to start selling its stake in Haleon plc (NYSE: HLN). In June last, the pharma giant announced its plans to exit the ownership interest in Haleon in a disciplined manner after the demerger. Pfizer's CFO, Dave Denton, told the Financial Times that it intends to offload that stake in a "slow and methodical" manner within months. Pfizer retained its 32% stake in Haleon. GSK Plc (NYSE: GSK) has up to 13.5% in Haleon, while GSK shareholders will own the re  ( 39 min )

For young workers, a six-figure salary is the marker of success.  ( 38 min )

For the past month, the S&P 500 has been hovering mostly around the 4100s without breaking out meaningfully in either direction. However, J.P. Morgan’s head of technical strategy Jason Hunter thinks that is about to end, and not in a good way for the bulls – at least in the short term. “We continue to expect a sell off from that area to retest medium-term support at the 3764 Dec low and 3760 Oct 61.8% retrace this spring, and look for an eventual extension back to key levels near 3500 by early s  ( 41 min )

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The Euro rallied a bit during the trading session on Wednesday as we waited for the Federal Reserve decision, and then of course the Thursday ECB decision.  ( 39 min )

The retailer was a star stock during its first 20 years as a public company, but things fell apart in recent years.  ( 23 min )

Where do millionaires keep their money? High net worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirement accounts and real estate. Most of the 20.27 million millionaires in the U.S. did not … Continue reading → The post Where Do Millionaires Keep Their Money? appeared first on SmartAsset Blog.  ( 41 min )

I'm over age 72. What can I do about avoiding the required minimum distribution (RMD) tax bite? I have a steady stream of other income. -Bernie Tax-deferred accounts, such as 401(k)s and traditional individual retirement accounts (IRAs), are potentially great … Continue reading → The post Ask an Advisor: I'm Over Age 72. How Do I Avoid the RMD Tax Bite? appeared first on SmartAsset Blog.  ( 40 min )

An individual retirement account, more commonly referred to as an IRA, is a good place to save for your retirement. Once you reach a certain age, though, you'll have to start taking a minimum amount out of your account each … Continue reading → The post IRA Required Minimum Distribution (RMD) Table for 2023 appeared first on SmartAsset Blog.  ( 40 min )

As markets tumble, folks nearing retirement are scrambling to locate strategies that will help them protect their nest eggs and grow their wealth. But if you're over 50 and currently in the workforce, you may specifically want to consider a … Continue reading → The post T. Rowe Price Says Workers Over 50 Should Do This in a Down Market appeared first on SmartAsset Blog.  ( 40 min )

Determining when to retire can be tough. There are various factors to consider, including your financial situation, your health, and the lifestyle you wish to enjoy once you retire. While the decision of when to retire is personal to you, … Continue reading → The post When Do People Retire on Average appeared first on SmartAsset Blog.  ( 40 min )

The Baby Boomer generation is reaching retirement age in record numbers. With more Boomers retiring on a daily basis, it helps to understand how prepared they are to leave their jobs for good. In this article, we’ll discuss the average … Continue reading → The post Average Retirement Savings for Baby Boomers appeared first on SmartAsset Blog.  ( 42 min )

Darden Restaurants is buying the steakhouse chain in an all-cash deal with an equity value of $715 million.  ( 25 min )

Carnival is looking to set sail down a different financial path.  ( 41 min )

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The food maker said price increases dented sales volumes.  ( 25 min )

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All eyes on Wall Street were on the Federal Reserve's move.  ( 40 min )

Amazon is shifting investments to its noncore businesses and international expansion after slowing e-commerce sales and layoffs.  ( 39 min )

Megacap tech stocks have led the S&P 500 higher this year. The reason why further highlights the importance of Wednesday's Fed decision for markets.  ( 23 min )

Ford reported first quarter operating profit of $3.4 billion, up from $2.3 billion a year ago. Wall Street was looking for $2.5 billion. Now analysts are weighing in on Ford's results.  ( 22 min )

Yum! Brands (YUM), which operates KFC, Pizza Hut, Taco Bell, and Habit Burger Grill, is expected to post fiscal Q1 earnings results Wednesday before market open.  ( 40 min )

The auto makers all reported better-than-expected first-quarter numbers. All three stocks are down.  ( 25 min )

The company posted a net profit of $2.14 billion for the first quarter.  ( 27 min )

The health giant lowers earnings guidance for the full year.  ( 22 min )

CVS Health beat first-quarter expectations on a jump in revenue from its pharmacy benefits management business but chopped the 2023 earnings projections it issued in the fall. The drugstore chain, pharmacy benefit manager and insurer said Wednesday that it now expects adjusted earnings of $8.50 to $8.70 per share for the year. In the third quarter, adjusted earnings totaled $2.20 per share, on $85.3 billion in total revenue.  ( 38 min )

Shares of PacWest, Western Alliance, and other regional lenders extend losses.  ( 25 min )

Dividend stocks are core for the famed investor, whose fans will flock to Omaha, Neb., on Saturday for Berkshire Hathaway’s annual meeting.  ( 27 min )

(Bloomberg) -- Oil steadied in Asia after tumbling 5% on Tuesday as data pointed to a possible US recession and investors shunned risk assets.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapIBM to Pause Hiring for Jobs That AI Could DoRegional Bank Shares Plunge on Fear of More Rescues to ComeBrent held above $75 a barrel  ( 39 min )

The retailer was a star stock during its first 20 years as a public company, but things fell apart in recent years.  ( 23 min )

(Bloomberg) -- The US regional banking crisis is far from over and the Federal Reserve should pause its rate hike campaign, according to former Federal Reserve Bank of Dallas President Robert Kaplan. Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapIBM to Pause Hiring for Jobs That AI Could DoRegional Bank Shares Plunge on  ( 38 min )

Russia's gas production has reportedly dropped by 10pc in a blow to Vladimir Putin's efforts to fund his war in Ukraine.  ( 37 min )

(Bloomberg) -- The International Monetary Fund expects Saudi Arabia won’t balance its budget if oil is below $80 a barrel, a revision that means the kingdom will move back into fiscal deficit after its first surplus in almost a decade.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapIBM to Pause Hiring for Jobs That AI Cou  ( 39 min )

Any debt-ceiling-related stock decline will almost certainly be temporary. Stocks may even benefit from a default as investors regain their senses and realize U.S. stocks are among the world’s best stores of value.  ( 23 min )

The maker of mobile processors and 5G wireless chipsets reports its latest quarterly earnings after the close Wednesday.  ( 22 min )

(Bloomberg) -- Albemarle Corp. is aiming to spend between $1.25 billion and $1.5 billion to double its lithium hydroxide output in Australia to a volume that it estimates could power more than two million electric cars a year.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportIBM to Pause Hiring for Jobs That AI Could DoRegi  ( 39 min )

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A massive amount of funds got poured by Apple credit cardholders into the high-yield savings accounts offered by the tech giant with Goldman Sachs upon their rollout, according to Forbes.  ( 39 min )

The software company’s move to let go about 600 employees follows a recent string of job cuts in the tech industry and beyond.  ( 27 min )

The latest economic data presents a mixed picture for the US economy. The growth data for the first quarter has been released, indicating that the GDP increased by only 1.1%, which is a sharp slowdown from 2H22, and feeding fears of a recession later this year. On the inflation front, the steady rise in prices has been easing back, and the March year-over-year number was just 5%, below the forecast and the lowest in nearly 2 years. The moderating inflation rate is an indicator that the Fed’s pol  ( 42 min )

(Bloomberg) -- Just a day after Wall Street breathed a sigh of relief with the rescue of First Republic Bank, a tumble in US regional lenders fueled renewed anxiety over financial stability, sinking stocks across the board and spurring a flight to the safest corners of the market.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3  ( 39 min )

U.S. equities were lower on May 3, 2023, as Fed policymakers raised interest rates but suggested that they might pause their tightening campaign.  ( 16 min )

Looking to harness the power of options leverage? Here are the best options trading platforms based on tools, ease of use, pricing, probability calculators, and more.  ( 33 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )

With the Federal Reserve delivering its tenth rate hike in 14 months, you may see changes in what you can earn at the bank, but also perhaps what you'll pay to borrow.  ( 18 min )

The list of the 500 companies that make up the S&P 500 is called its constituent list and includes many well-known names.  ( 24 min )

Cumulative exposure refers to situations in which an insurance policyholder has been exposed to a hazard or source of damages over an extended period of time.  ( 20 min )

The Dow dropped 250 points with Walgreens taking the index lower after rival CVS cut its profit outlook.  ( 16 min )

In order to grow and thrive in a shifting landscape, financial advisors need to build stronger relationships with clients and prospects.  ( 26 min )

Sometimes providing advice is as much about managing client behavior as it is about asset allocation and retirement projections.  ( 23 min )

Certificates of deposit can help you grow your savings over time. Learn the best age to get a CD account.  ( 23 min )

Learn how to discuss financial constraints with clients, including time horizon, tax and regulatory constraints, as well as basic risk management.  ( 22 min )

Central banks such as the Federal Reserve influence monetary policy in the economy by increasing or decreasing interest rates. Shifts in this crucial interest rate have a drastic effect on consumer spending and borrowing.  ( 22 min )

These 5 strategies offer financial advisors and financial advisory firms a blueprint on how to grow their practices and ensure their long-term success.  ( 21 min )

These nine event ideas for financial advisors will help you grow your firm by gaining new prospects and showing clients you appreciate them.  ( 25 min )

Personal loans are a type of funding that usually includes a fixed interest rate, which is typically lower than what's offered by most credit cards.  ( 22 min )

Getting your first clients as a financial advisor can be a challenge and takes time. Learn how to get clients as a financial advisor here.  ( 24 min )

If you want to switch your financial advisor, follow these four steps to make a clean break and watch out for unexpected fees and penalties.  ( 26 min )

Money just isn't something you want to bring into a good friendship, so investing for a friend simply isn't worth the amount of trouble it can cause.  ( 22 min )

A career as a financial advisor offers opportunities not found in other industries but building a client base can be stressful and difficult.  ( 23 min )

The British royal family has a combined net worth in the billions—here is a look at their properties and assets, and the sources of their wealth.  ( 20 min )

The Federal Reserve once again increased the pressure pushing down on inflation—and the economy—raising its benchmark interest rate by a quarter-point in its tenth and what could be the final rate hike of its current campaign.  ( 19 min )

Financial securities licenses like Series 7 and Series 63 are required by individuals who market and sell investments or securities.  ( 23 min )

Mortgage rates were slightly up Tuesday, with the 30-year average rising four points while 30-year jumbo averages remain unchanged.  ( 19 min )

Treasury stock is previously outstanding stock bought back from stockholders by the issuing company.  ( 25 min )

Daqo New Energy Corp. and First Solar Inc are among top alternative energy names this quarter.  ( 20 min )

The MSCI KLD 400 Social Index is a stock index focusing on companies that maintain high environmental, social, and governance (ESG) standards.  ( 21 min )

FTSE4Good Index Series is a series of equity indexes that include companies that meet globally-recognized social responsibility standards such as ESG.  ( 22 min )

Telemedicine companies that represent a growing segment of the health care sector are seeing a surge in popularity both from investors and consumers.  ( 19 min )

Led by PetroChina Co. Ltd, these are the 10 biggest Chinese companies by revenue.  ( 20 min )

With Berkshire Hathaway leading the pack, these are the 10 biggest insurance companies by revenue.  ( 20 min )

President Biden's 2024 budget proposal includes a potential 30% tax on crypto miners' electricity costs by 2027, but it could be tough to implement and easy for miners to avoid.  ( 17 min )

Mortgage insurance premium (MIP) is paid by homeowners as mortgage insurance for Federal Housing Administration (FHA) loans.  ( 22 min )

With CVS Health in the #1 spot, these are the 10 biggest healthcare companies by revenue.  ( 20 min )

Free cash flow (FCF) represents the cash a company can generate after accounting for capital expenditures needed to maintain or maximize its asset base.  ( 27 min )

A poison put is a takeover defense strategy in which the target company issues a bond that investors can redeem before its maturity date.  ( 22 min )

A home equity line of credit (HELOC) might be the best way to access home equity when interest rates are high and rising. Learn how to get a home equity line of credit.  ( 23 min )

You can access the equity in your second home, too. Learn what’s involved in the refinancing process, what you need to get started, and how to get the best rates.  ( 21 min )

The Asian Americans called upon to run the world's largest companies generally haven’t disappointed.  ( 23 min )

Gary S. Becker was an American economist who won the 1992 Nobel Prize for his microeconomic analysis of the economic aspects of human decision-making.  ( 19 min )

The list of iconic Asian American financiers includes value investors like Li Lu and Mohnish Pabrai, as well as successful market timers like Gerald Tsai.  ( 22 min )

Developed to net premiums earned is the ratio of developed premiums to net premiums earned over a given time period.  ( 19 min )

Commercial general liability (CGL) insurance covers a business against claims of property damage, bodily injury, libel, slander, or false advertising. Learn more.  ( 21 min )

A certificate of deposit (CD) is a savings product that earns interest on a lump-sum deposit that’s untouched for a predetermined period of time.  ( 37 min )

The trend of lower refunds and more balances owed will likely continue in coming years, thanks to tax law changes.  ( 17 min )

The Federal Reserve is expected to raise interest rates for the 10th straight time to curb inflation. Here’s what investors need to know today.  ( 18 min )

Crypto exchange Coinbase is expected to post higher earnings despite a slowdown in revenue. However, headwinds from regulation and a new lawsuit could hamper the company's finances.  ( 20 min )

Biometrics is a type of digital security used to prevent data breaches by making use of individual characteristics such as fingerprints.  ( 25 min )

De Amerikaanse Federal Reserve (Fed) heeft de rente woensdag voor de tiende keer in een jaar tijd opgeschroefd. Daardoor ligt het belangrijkste rentetarief in de Verenigde Staten met 5 tot 5,25 procent op het hoogste niveau in zestien jaar.  ( 3 min )

Duitsland heeft maandag een goedkoop abonnement voor het openbaar vervoer ingevoerd. Ondanks enthousiaste reacties in Nederland is de kans klein dat ook wij voor een lager tarief onbeperkt de trein en bus kunnen pakken.  ( 7 min )

De Federal Reserve heeft de Amerikaanse rente woensdag voor de tiende keer in een jaar tijd opgeschroefd. Daardoor ligt het belangrijkste rentetarief in de Verenigde Staten met 5 tot 5,25 procent op het hoogste niveau in zestien jaar tijd.  ( 3 min )

Duitse Sparkasse-banken gaan lijm gebruiken om ervoor te zorgen dat geld onbruikbaar wordt na een plofkraak. De methode heeft in Nederland al voor een flinke afname in het aantal plofkraken gezorgd. In Duitsland zijn plofkraken juist flink toegenomen doordat Nederlandse bendes de grens overgaan.  ( 3 min )

Duitse Sparkasse-banken gaan lijm inzetten om ervoor te zorgen dat het geld onbruikbaar wordt na een plofkraak. De methode heeft in Nederland al voor een flinke afname in het aantal plofkraken gezorgd. Tegelijkertijd is het aantal plofkraken in Duitsland juist flink toegenomen doordat Nederlandse bendes de grens overgaan.  ( 3 min )

De olieprijs blijft dalen en dat zorgt voor de laagste prijzen sinds eind 2021. Tegelijk zakte de benzineprijs aan de pomp in de afgelopen maanden minder hard. Ook is er nog extra accijns in aantocht.  ( 4 min )

Schiphol wil twaalf boerderijen verkopen die de luchthaven heeft opgekocht voor de stikstofrechten. Wel wil Schiphol "uiteraard" die stikstofrechten houden, laat de luchthaven weten.  ( 3 min )

Pringles-chips die in het Belgische Mechelen worden geproduceerd krijgen een recyclebare verpakking. De bodem van de bussen wordt geheel van papier, zodat de verpakking voor 90 procent herbruikbaar is.  ( 3 min )

De politie heeft haar TikTok-verbod uitgebreid uit angst voor spionage vanuit China. Politiemedewerkers mochten de app al niet op werktelefoons gebruiken en nu ook niet meer op bijvoorbeeld tablets. Agenten die TikTok voor hun werk moeten gebruiken, krijgen daarvoor een speciale TikTok-telefoon.  ( 3 min )

De pinstoring van dinsdagmiddag werd toch veroorzaakt door een betaaldienstverlener, bevestigt Betaalvereniging Nederland aan NU.nl. Vanwege de problemen ontstonden rijen aan de kassa's bij onder meer Albert Heijn, Lidl en Blokker.  ( 4 min )

Transavia heeft voor de periode tot zondag nog eens 42 vluchten geschrapt. Het gaat om 21 retourvluchten van en naar Schiphol en de luchthavens van Rotterdam en Eindhoven. Enkele duizenden passagiers zijn de dupe, maar zij worden wel gecompenseerd.  ( 3 min )

Goed nieuws voor starters op de woningmarkt: koophuizen zullen rond het najaar iets betaalbaarder zijn. Dat komt doordat de inkomens stijgen en de huizenprijzen waarschijnlijk verder dalen.  ( 3 min )

Naarmate de stakingen in de distributiecentra bij Albert Heijn (AH) voortduren, raken steeds meer producten in de winkels in bepaalde regio's op. Dat zegt een woordvoerder van de supermarktketen desgevraagd tegen NU.nl.  ( 3 min )

Supermarkten verkochten in 2022 minder vlees dan het jaar ervoor. Vooral vers vlees ging minder vaak over de toonbank. Dat concludeert dierenwelzijnsorganisatie Wakker Dier, die naar de kassascangegevens van supermarkten heeft gekeken.  ( 3 min )

Starbucks doet er alles aan om klanten nog meer te laten uitgeven. Behalve dat een kopje koffie in de afgelopen drie maanden duurder werd, maakte de Amerikaanse keten er veel werk van om mensen meer te laten kopen, zoals gebak of een smaakje voor door de koffie.  ( 3 min )

Werknemers met een brutomaandloon tot 3.000 euro ontvangen dit jaar iets meer vakantiegeld. Dat geldt niet voor de hogere inkomens. Die gaan er volgens hr- en salarisdienstverlener ADP juist op achteruit.  ( 3 min )

Werknemers met een brutomaandloon tot 3.000 euro ontvangen dit jaar iets meer vakantiegeld. Dat geldt niet voor de hogere inkomens. Die gaan er volgens hr- en salarisdienstverlener ADP juist op achteruit.  ( 3 min )

Deze week wordt er bij vakbond FNV gestaakt en dat is zeldzaam. Medewerkers van de bond willen dat hun lonen gelijke tred houden met de inflatie. Een zogenoemde vakbondsbestuurder onderhandelt over arbeidsvoorwaarden en lonen. Bij de FNV verdient zo'n onderhandelaar al gauw meer dan 5.000 euro per maand, plus vergoedingen en een leaseauto.  ( 4 min )

Uber Technologies (UBER) reported a spike in revenue and a reduction in its loss per share in the first quarter of 2023, sending the stock 11% higher.  ( 1 min )

Shares of Chegg (CHGG) are plunging after the provider of homework help warned its subscriber growth is being impacted by the use of the ChatGPT AI chatbot.  ( 1 min )

Marathon Oil's net income may have plunged 70% in the first quarter of 2023 after last year's spike in oil prices fizzled out.  ( 1 min )

First Republic Bank (FRC) is teetering on the brink of collapse as its shares fall to new all-time lows on reports the federal government is reluctant to put together a rescue package.  ( 1 min )

Icahn Enterprises LP became the latest target of short activist Hindenburg Research. Unit prices for IEP were down about 15% after accusations of "ponzi-like" financing.  ( 1 min )

A correspondent bank is a financial institution authorized to provide services on behalf of another financial institution. Learn how correspondent banks work.  ( 24 min )

Uber Technologies (UBER) reported a spike in revenue and a reduction in its loss per share in the first quarter of 2023, sending the stock 11% higher.  ( 16 min )

U.S. equities tumbled on May 2, 2023, ahead of the Fed decision on interest rates and amid concerns about banks.  ( 16 min )

Personal loan rates eased slightly after four consecutive weeks of increases, lowering the overall average by five basis points.  ( 16 min )

A Roth IRA conversion shifts money from a traditional IRA to a Roth IRA. There may be long-term tax benefits but there can also be costs.  ( 27 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )

Expect the unexpected with just four types of insurance that everyone should have.  ( 23 min )

Borrowing helps you pay for a home, car, or college, and loans can come from personal loans to peer-to-peer lending.  ( 26 min )

Multiline insurance can refer to complex insurance instruments used to bundle risk exposures, or to agencies that write consumer policies for many lines.  ( 18 min )

Money orders are safe and easy to buy or cash at U.S. banks, credit unions, post offices, retailers, grocers, and convenience stores.  ( 21 min )

A game-changer can be a person who is a visionary or a company that alters its business strategy and conceives an entirely new business plan.  ( 22 min )

Learn how the market segmentation theory for different maturities of interest rates seeks to describe the shape of the yield curve.  ( 18 min )

Cognitive biases involve decision-making based on concepts that may not be accurate. Emotional biases are based on personal feelings while a decision is made.  ( 20 min )

Capitalized interest is the cost of borrowing to acquire or construct a long-term asset, which is added to the cost basis of the asset on the balance sheet.  ( 25 min )

Services revenue—including App Store, iCloud, Apple Music, Siri—likely hit record levels even as device sales slowed.  ( 17 min )

Planning a sale or transition of your practice over time can help ease your clients into it and can net you a higher sale price.  ( 19 min )

A loan is money, property, or other material goods given to another party in exchange for future repayment of the loan value amount with interest.  ( 27 min )

A vendor is a party in the supply chain that makes goods and services available to companies or consumers.  ( 21 min )

Understanding these three common measures of profitability can help you take a deeper look at a company's profit margin.  ( 23 min )

Shares of PacWest and other regional banks slid double-digits in intra-day trading Tuesday over concerns that the turmoil in regional banking is far from over.  ( 16 min )

High-priced West Coast markets have taken the biggest beating in a housing market suffering an affordability shock.  ( 16 min )

Shares of Chegg (CHGG) are plunging after the provider of homework help warned its subscriber growth is being impacted by the use of the ChatGPT AI chatbot.  ( 18 min )

An A-B trust is a joint trust created by a married couple for the purpose of minimizing estate taxes.  ( 23 min )

Icahn Enterprises LP became the latest target of short activist Hindenburg Research. Unit prices for IEP were down about 15% after accusations of "ponzi-like" financing.  ( 18 min )

Mortgage rates were mostly flat, with the 30-year average rising only a point and the 5/6 ARM and all jumbo averages marching in place.  ( 19 min )

Tax-loss harvesting is selling securities at a loss to offset the amount of capital gains tax owed on other investments.  ( 21 min )

The mRNA drugmaker will look to excite investors with its product pipeline as Covid earnings falter.  ( 17 min )

Coinbase launched a new crypto-derivatives exchange in Bermuda, to offer contracts not allowed in the U.S. while expanding offshore amid regulatory uncertainty.  ( 18 min )

Job seekers found fewer options in March as the labor market continued to descend from its pandemic-recovery heights.  ( 16 min )

Alpha (α) , used in finance as a measure of performance, is the excess return of an investment relative to the return of a benchmark index.  ( 26 min )

Marathon Oil's net income may have plunged 70% in the first quarter of 2023 after last year's spike in oil prices fizzled out.  ( 17 min )

Monthly tracking report for credit card interest rates from Investopedia's database of more than 300 cards. These are the current rates as of May 2023.  ( 23 min )

Fintech companies are increasingly offering home-equity loan and HELOC products. Learn how these loans work and how they compare to loans from traditional lenders.  ( 23 min )

Credit acceptance car loans are designed for those with bad credit and often charge high interest rates and present challenges to borrowers trying to make payments. But, there are options for getting out of such loans.  ( 22 min )

Some small business owners don’t have the capital to get their companies off the ground. In these cases, it might make sense to take out either a personal or business loan, depending on their needs.  ( 23 min )

You can pay off a car loan faster using one of several strategies, including rounding up payments, using automated payments, or paying biweekly.  ( 22 min )

Fixed income refers to assets and securities that bear fixed cash flows for investors, such as fixed rate interest or dividends.  ( 31 min )

Countries can default on their debt. This happens when a government is either unable or unwilling to make good on a country's financial obligations.  ( 23 min )

Eneti Inc., TPI Composites Inc., and Boralex Inc. are leading wind energy industry peers in revenue growth amid a boom in renewable energy investment.  ( 21 min )

The U.S. could run out of cash by June 1, Janet Yellen warns. Here's a guide to the language and terms everyone's talking about.  ( 22 min )

Block is expected to say its loss narrowed in the first quarter of 2023 as revenue and gross payment volume grew, though at slower rates than during and even before the pandemic.  ( 18 min )

A memorandum of understanding (MOU) is a document describing the broad outlines of an agreement that two or more parties have reached.  ( 23 min )

Treasury Secretary Janet Yellen warned the U.S. could hit its debt limit sooner than expected, as early as June 1 if Congress doesn't act to raise the debt ceiling. Here’s what investors need to know today.  ( 19 min )

The first written insurance policy dates back nearly 4,000 years. Here is how insurance came into being and how it evolved from there.  ( 23 min )

Key person insurance is a life insurance policy that a company purchases on an owner, a top executive, or another individual critical to the business.  ( 21 min )

In sports betting, a teaser bet is a type of parlay bet in which the bettor is allowed to change the point spread for a game.  ( 25 min )

An up-and-out option is a type of knock-out barrier option that ceases to exist when the price of the underlying asset rises above a specific price level.  ( 19 min )

Ford reported first-quarter operating profit of $3.4 billion and earnings per share of 63 cents from sales of $41.5 billion. All three numbers were better than Wall Street expected but investors remained worried about the economy and rising rates.  ( 23 min )

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Expectations were high heading into the coffee retailer's second-quarter earnings. Guidance may have fallen short.  ( 22 min )

(Bloomberg) -- Corporate activist Carl Icahn’s fortune tumbled more than $10 billion Tuesday after short-seller Hindenburg Research accused him of using a “ponzi-like” economic structure at his investment company.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItIBM to Pause Hiring for Jobs That AI Could DoWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsJPMorgan Ends First Republic’  ( 40 min )

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A significant restructuring of the banking industry is underway, writes Brian Graham.  ( 32 min )

These are the stocks moving in after-hours on Tuesday, May 2, 2023.  ( 39 min )

Mastercard Inc (NYSE: MA) and Visa Inc (NYSE: V) shares are trading lower on Tuesday as Mizuho flagged their declining U.S. personal consumption expenditure share. Mizuho analyst Dan Dolev maintains Mastercard with a Buy, lowering the price target from $405 to $400. Dolev's analysis suggests that Visa and MA's share of incremental U.S. personal consumption expenditures (PCE) continued to decline in 1Q 2023. Visa's share is now trending below its long-term averages, while MA is trending roughly i  ( 39 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

(Bloomberg) -- Balaji Srinivasan, the former chief technology officer of Coinbase Global Inc., said he closed out what appeared to be a losing bet that Bitcoin would rise to $1 million within 90 days. Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapJPMorgan Ends First Republic’s Turmoil Af  ( 39 min )

(Bloomberg) -- Icahn Enterprises LP’s steepest one-day plunge on record after Hindenburg Research disclosed a short call against the investment firm added to the list of big hits dealt by the short-seller that’s become a household name on Wall Street. Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapIBM to Pause Hiring for Jobs That AI Could DoCarl Icahn’s Wealth Plunges $10 Billion on Hindenbu  ( 39 min )

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Excluding one-time items, Ford made 44 cents per share. Ford reaffirmed its earlier pretax profit guidance for the full year of $9 billion to $11 billion. Ford lost $722 million before taxes on its electric vehicles, but it made $2.62 billion on internal combustion vehicles.  ( 38 min )

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PacWest Bancorp slid 28% and Western Alliance Bancorporation dropped by 15% following the sale of First Republic Bank to JPMorgan Chase on Monday.  ( 25 min )

Ford's Q1 earnings on Tuesday will break down results by its three new business segments for the first time.  ( 40 min )

Starbucks (SBUX) is set to report second quarter fiscal year 2023 earnings results on Tuesday, May 2. Expected: good news for investors.  ( 40 min )

The drugmaker has been on an M&A hot streak over the past couple of years.  ( 26 min )

In a leaked memo, AWS tells hiring managers about new constraints in place to control headcount growth.  ( 39 min )

Michael Milken explains why the recent bank collapses aren't history repeating and the one lesson financial institutions are learning in real-time.  ( 39 min )

A well-known short seller is taking on a famed activist.  ( 39 min )

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(Bloomberg) -- Just a day after Wall Street breathed a sigh of relief with the acquisition of First Republic Bank, a selloff in US regional lenders fueled renewed anxiety over financial stability, sinking stocks across the board and spurring a flight to the safest corners of the market.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsJPMorgan Ends First  ( 40 min )

Services revenue—including App Store, iCloud, Apple Music, Siri—likely hit record levels even as device sales slowed.  ( 17 min )

The retailer is pressing a case with maritime regulators as it prepares to shut its U.S. stores.  ( 27 min )

Fears of a recession have mounted since the U.S. Federal Reserve began hiking interest rates in early 2022. Although the latest gross domestic product (GDP) figures indicated growth, a recession could be imminent according to David Rosenberg, president of Rosenberg Research and former chief North American economist at Merrill Lynch. “The leading indicators are telling me that the recession is actually starting this quarter,” he said in a recent YouTube interview with Blockworks Macro. “If it’s n  ( 40 min )

Advanced Micro Devices, Inc (NASDAQ: AMD) shares are trading in the green today ahead of its first-quarter results due after market close on Tuesday. Analysts showered their vote of confidence on the chipmaker on Monday. Morgan Stanley analyst Joseph Moore maintained AMD with an Overweight, raising the price target from $87 to $102. As per the analyst, the setup for the quarter is interesting, as the stock has appreciated 40% YTD into a significant adverse event, at least as far as the data cent  ( 39 min )

Anheuser-Busch wholesalers say they have faced plummeting sales and personal threats over backlash from a promotion with a transgender influencer.  ( 27 min )

AMD will report its Q1 earnings after the bell on Tuesday, as PC sales continue to slide.  ( 40 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

Nikola Corp (NASDAQ: NKLA) and decarbonization infrastructure provider Voltera signed a definitive agreement to develop the hydrogen fueling infrastructure to support Nikola's deployment of zero-emissions vehicles. Under the strategic partnership agreement, the parties plan to develop up to 50 HYLA stations throughout North America over the next five years. The partnership is a part of Nikola's prior announced plans to develop 60 stations by 2026. Voltera will site, build, own, and operate the s  ( 38 min )

The Federal Deposit Insurance Corporation (FDIC) released a report this week seeking reform of its deposit insurance system due to recent instability in multiple U.S. banks.  ( 38 min )

Bill Gates was “virtually always right” one of his former colleagues has said—these are the top three skills the tech titan used to make sure he was always on the money.  ( 40 min )

The stock market is dropping today, and something is clearly bothering it. That something is a recession. Looking at the indexes, you know it’s a bad day. The Dow Jones Industrial Average has fallen 558.12 po  ( 26 min )

The mRNA drugmaker will look to excite investors with its product pipeline as Covid earnings falter.  ( 18 min )

Their drops come one day after JPMorgan Chase purchased the bulk of First Republic, in a deal that was designed to restore stability to the banking system after two months of turmoil.  ( 40 min )

Hindenburg Research questions Icahn Enterprises’ policies on asset valuations and its dividend policy.  ( 22 min )

The major stock indexes were getting hit Tuesday after labor market data showed fraying at the edges, while worries of the Federal Reserve tightening into a banking crisis weighed on investors' minds. The Dow Jones Industrial Average was down 550 points, or 1.6%. The S&P 500 fell 1.7%, and the Nasd  ( 23 min )

(Bloomberg) -- PacWest Bancorp and Western Alliance Bancorp each slumped more than 25% Tuesday, leading a renewed selloff in regional lenders as investors continued to gauge the health of the industry after the second-largest US bank failure ever.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItJPMorgan Ends First Republic’s Turmoil After FDIC SeizureMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsIBM to Pause Hiring for Jobs That AI Could DoFi  ( 39 min )

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(Bloomberg) -- Right-wing media entrepreneur Ben Shapiro has taken a $4.7 million stake in a struggling Israeli pharmaceutical company and joined the board.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItJPMorgan Ends First Republic’s Turmoil After FDIC SeizureMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsIBM to Pause Hiring for Jobs That AI Could DoFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureShapiro, 39, a co-founder of media  ( 39 min )

The slide came a day after the Federal Deposit Insurance Corp. took control of First Republic Bank and sold most of it to JPMorgan Chase.  ( 22 min )

Inflation inched higher across the eurozone last month amid high food prices, raising pressure on the ECB to raise interest rates later this week.  ( 53 min )

(Bloomberg) -- Oil prices slid as concerns over short-term demand, including weaker-than-expected Chinese manufacturing data, outweighed expectations for tight supply later in the year.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsWest T  ( 38 min )

U.S. and China's geopolitical tensions wiped off significant stock price gains of Alibaba Group Holding Limited (NYSE: BABA) from recent restructuring plans. Alibaba's organizational revamping plans instilled investor optimism over a valuation boost and drove chances of listing those units publicly, Bloomberg reports. Investors expected the restructuring and the subsequent IPOs to ward off the downside from the sudden halt of Ant Group's IPO in 2020. Unfortunately, the geopolitical frictions, co  ( 39 min )

Marathon Oil's net income may have plunged 70% in the first quarter of 2023 after last year's spike in oil prices fizzled out.  ( 18 min )

The oil major’s latest share buyback plan disappointed investors who have grown used to generous handouts.  ( 25 min )

Short seller who targets companies takes aim at investor who targets companies  ( 28 min )

Every investor is looking to gain an edge and beat the market and there are numerous strategies that can help in this undoubtedly difficult endeavor. One obvious game plan is to follow in the footsteps of Wall Street’s investing titans, and you can certainly put Ken Griffin in that bracket. The billionaire not only has a decades-long history of investing success, but his Citadel hedge fund also raked in the profits last year – a Wall Street record of $16 billion, in fact – done against a general  ( 42 min )

Ford will report Q1 earnings after the bell on Tuesday, and for the first time ever it will break down those earnings across its three new business segments - Ford Blue for gas powered cars, Ford Model e for electric vehicles, and Ford Pro for its commercial and fleet sales.  ( 40 min )

Investors just won't give industrial companies a lot of credit for great Q1 results. They are too worried about the economy.  ( 22 min )

Chegg saw a noticeable shift in consumer behavior when OpenAI launched GPT-4 in March.  ( 39 min )

The twin crashes in US commercial real estate and the US bond market have collided with $9 trillion uninsured deposits in the American banking system. Such deposits can vanish in an afternoon in the cyber age.  ( 42 min )

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Salary expectations have slightly decreased among early career job candidates but remain above employer expectations.  ( 38 min )

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(Bloomberg) -- Icahn Enterprises L.P. tumbled in premarket trading on Tuesday after becoming the latest target of a short call by Hindenburg Research.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsShares of Icahn Enterprises, where famed  ( 38 min )

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Investors were tuned in to the start of the Fed's two-day policy meeting and continued earnings releases.  ( 40 min )

The EUR/USD pair has gone back and forth over the last couple of days, and it appears that Tuesday will simply be more of the same.  ( 39 min )

Bitcoin has torn higher this year amid expectations of easier monetary policy from the Federal Reserve. That narrative will be put to the test Wednesday.  ( 22 min )

For months now, investors have debated whether the Fed would be done raising interest rates. As markets prep for Wednesday's policy decision, the same question continues to circulate — is this the end for the Fed?  ( 40 min )

Bank failures? Meh. The world's top financial and business minds see bigger risks.  ( 39 min )

Excluding revenue from Comirnaty and Pfizer’s Covid-19 pill Paxlovid, the company’s top line increased 5%.  ( 25 min )

(Bloomberg) -- The speed of disruption brought on by a worldwide rush into artificial intelligence was on full display this week, sending shares of education-technology company Chegg Inc. plunging, prompting IBM to halt some hiring and prompting a chatbot ban at Samsung Electronics Co.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureIBM to Paus  ( 40 min )

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The education company warned that increasingly more students are turning to OpenAI’s ChatGPT for help with their homework, hurting its own new customer growth rate in March.  ( 22 min )

American depositary receipts of BP traded down 5% in premarket trading on Tuesday after the British oil major disappointed investors with a slower rate of share buybacks, as falling oil prices hit cash flows. BP said in its first-quarter results that it plans to launch a $1.75 billion quarterly shar  ( 23 min )

Pfizer topped Wall Street expectations Tuesday even as sales of its top-selling COVID-19 vaccine crumbled in the first quarter. Revenue from Pfizer’s Comirnaty vaccine fell 77% to $3 billion in the first three months of the year, compared with more than $13 billion in the same stretch last year. The drop was widely expected because the drugmaker is moving this year from supplying governments through big contracts to selling the vaccine on the commercial market.  ( 38 min )

A Fortune report explains what propelled JPMorgan to land First Republic’s assets in an auction with several rival bidders.  ( 40 min )

DuPont's first-quarter earnings top estimates but the materials giant reduces full-year guidance.  ( 22 min )

Biden to meet House and Senate leaders as debt limit looms, the fight between Florida’s DeSantis and Disney escalates, and other news to start your day.  ( 22 min )

MicroStrategy has emerged as one of the few companies to hold significant quantities of crypto, and Bitcoin's rally this year has buoyed its finances.  ( 22 min )

British energy giant BP posted a strong quarterly profit on Tuesday even as oil and natural prices that soared after Russia's war in Ukraine last year have eased off. The company said the earnings report "reflects an exceptional gas marketing and trading result” and a “very strong oil trading result.” Oil companies around the world have been reporting bumper earnings in the wake of Russia's invasion of Ukraine in February 2022, which sent energy prices soaring and curtailed some of Moscow's supplies to the world.  ( 39 min )

Chegg stock falls sharply after the online-education company says it has been seeing a 'significant spike in student interest in ChatGPT,' while Arista anticipates some of its biggest cloud customers soon could begin cutting back on spending.  ( 23 min )

When Silicon Valley Bank was busy imploding earlier this year, and depositors were pulling their money out of shaky lenders to put it in safer-looking banks, the joke was that everyone was going to end up banking with JP Morgan. Now that the US uber-lender has agreed to acquire most of First Republic, another stricken bank, the gag is even less funny.  ( 40 min )

Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 22 min )

Taiwan-based Wistron is reportedly winding up its India operations.  ( 39 min )

Trading oil and gas helped the British oil major achieve strong results in the first quarter, but its announced $1.75 billion buyback was smaller than analysts expected.  ( 28 min )

The oil major posted underlying profit of $5 billion for the first three months of the year, up from $4.8 billion in the fourth quarter.  ( 23 min )

Chinese EV maker BYD sells 104,364 battery-electric vehicles in April, up about 82% from the 57,403 delivered a year earlier.  ( 22 min )

Bitcoin dipped to US$28,000 in Tuesday morning trading in Asia and then fell through that support line later in the morning. Ether and other top 10 cryptocurrencies also fell.  ( 40 min )

"This will likely be the last hike of the cycle. This is thesis changing," Fundstrat said, predicting the S&P 500 could notch 4,750 by year-end.  ( 38 min )

(Bloomberg) -- Coinbase Inc. Chairman and Chief Executive Officer Brian Armstrong, board member Marc Andreessen and other officers avoided more than $1 billion in losses by using inside information to sell stock within days of the cryptocurrency platform’s public listing two years ago, before bad news sent the share price tumbling, according to a lawsuit filed by an investor.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought  ( 39 min )

(Bloomberg) -- It took only four weeks for optimism around Alibaba Group Holding Ltd.’s breakup plan to fizzle. Restoring it will likely be an uphill battle.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersIBM to Pause Hiring for Jobs That AI Could DoAlibaba’s American Depositary Receipts are now 2.3% below wh  ( 40 min )

(Bloomberg) -- Chegg Inc. plummeted as much as 38% after warning that the ChatGPT tool is threatening growth of its homework-help services, one of the most notable market reactions yet to signs that generative AI is upending industries.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersIBM to Pause Hiring for Jo  ( 39 min )

It might be logical to assume that stocks with heavy short interest – i.e., ones that many investors/traders are essentially betting against – are stocks to stay away from, but that is not always the case. Opinions on the stock market can be varied, and it’s not uncommon to find stocks with both high short interest and positive recommendations from Wall Street analysts. But only one can be right, right? And should the analysts turn out to be the ones to hit the nail on the head, panic-induced sh  ( 43 min )

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Het aantal stakingen in ons land nam begin dit jaar flink toe, maar in 2022 werd ook al een stuk meer gestaakt dan een jaar eerder. Er deden vorig jaar wel minder mensen mee aan stakingen.  ( 4 min )

Het Indiase staalconcern Tata Steel heeft in het afgelopen kwartaal een veel lagere winst geboekt dan een jaar eerder. Dit kwam mede door vertragingen van onderhoud op de locatie in IJmuiden.  ( 3 min )

Met het einde van de Amerikaanse bank First Republic is de afgelopen dagen het rumoer in de bankenwereld teruggekeerd. In maart was het al wekenlang onrustig, omdat toen ook verschillende banken kopje-onder gingen. Is dit de voorbode van meer bankenellende?  ( 5 min )

De Europese Commissie heeft de plannen om grote stikstofuitstoters vlak bij Natura 2000-gebieden uit te kopen goedgekeurd. Daarmee is een belangrijke stap gezet in het stikstofbeleid van het kabinet.  ( 5 min )

Een landelijke pinstoring waardoor dinsdagmiddag lange rijen ontstonden in verschillende winkels is grotendeels opgelost. Mensen kunnen weer gewoon afrekenen met hun (digitale) betaalpas.  ( 3 min )

Vanwege pinproblemen kunnen mensen in sommige supermarkten en andere winkels nu alleen met cash betalen. Betalen met de pinpas is dus niet overal mogelijk. De oorzaak van de storing is nog niet bekend.  ( 4 min )

Opnieuw is er een alternatief voor Twitter dat de wind in de zeilen heeft: Bluesky. Zou dit platform veel gebruikers kunnen aantrekken en vasthouden? Bluesky heeft in elk geval één troef: Jack Dorsey zit erachter. De voormalige Twitter-directeur probeert het met een nieuw sociaal netwerk nu huidig eigenaar Elon Musk het ene na het andere twijfelachtige besluit neemt.  ( 6 min )

Vanwege een pinstoring kunnen mensen in supermarkten en andere winkels nu alleen met cash betalen. Betalen met de pinpas is niet overal mogelijk. De oorzaak van de storing is nog niet bekend.  ( 3 min )

Opnieuw is er een alternatief voor Twitter dat de wind in de zeilen heeft: Bluesky. Zou dit platform veel gebruikers kunnen aantrekken en vasthouden? Bluesky heeft in elk geval één troef: Jack Dorsey zit erachter. De voormalige Twitter-directeur probeert het met een nieuw sociaal netwerk nu huidig eigenaar Elon Musk het ene na het andere twijfelachtige besluit neemt.  ( 6 min )

Lenen wordt door rentestijgingen steeds minder aantrekkelijk. Bovendien zijn banken weer strenger geworden. Daardoor neemt de vraag naar leningen af. En dat is precies wat de Europese Centrale Bank (ECB) wil bereiken met haar pogingen om de inflatie te beteugelen.  ( 5 min )

ProRail wil ondanks strenge bouwregels kunnen blijven werken aan het spoor. Het spoorbedrijf wil een uitzonderingspositie voor allerlei overheidsregels die onderhoud en verbouwingen aan het spoor bemoeilijken.  ( 3 min )

De politie heeft tien Nederlanders aangehouden die betrokken waren bij de handel in drugs op het darkweb. Dat is een afgeschermd deel van het internet. De aanhoudingen hoorden bij een internationale operatie, waarbij autoriteiten een illegale marktplaats op het darkweb oprolden.  ( 3 min )

Steeds meer starters grijpen een kans op de woningmarkt. In april werd meer dan de helft (55 procent) van alle hypotheekaanvragen gedaan door starters.  ( 3 min )

De prijzen in de eurolanden zijn in april iets harder gestegen dan in maart. De inflatie kwam er afgelopen maand uit op 7 procent. Een maand eerder was het leven in de eurolanden 6,9 procent duurder dan een jaar eerder.  ( 3 min )

De Verenigde Staten moeten het schuldenplafond binnenkort verhogen. De Amerikaanse minister van Financiën Janet Yellen is bang dat het land mogelijk op 1 juni al niet meer aan alle financiële verplichtingen kan voldoen. Wat is er aan de hand? En merken wij daar ook wat van?  ( 4 min )

Albert Heijn wil het personeel in de distributiecentra later deze maand 10 procent meer loon geven. Dat heeft de supermarktketen aan de vakbonden laten weten, maar die willen volgens AH niet terug aan de onderhandelingstafel komen.  ( 3 min )

De lonen in nieuwe cao's zijn in april gemiddeld met 7,7 procent gestegen en dat is opnieuw een historisch hoogtepunt. De loonstijging ligt daarmee boven de inflatie, die in april uitkwam op 5,2 procent. Daardoor waren bijvoorbeeld boodschappen en energie 5,2 procent duurder dan een jaar eerder.  ( 5 min )

Het leven in Nederland is in april gemiddeld 5,2 procent duurder geworden dan een jaar eerder. Dat kwam vooral doordat de energieprijzen vorige maand minder sterk daalden dan in maart. De prijzen van boodschappen gingen ook opnieuw omhoog, maar wel wat minder sterk dan in maart.  ( 4 min )

Steeds meer starters grijpen een kans op de woningmarkt. In april werd meer dan de helft (55 procent) van alle hypotheekaanvragen gedaan door starters.  ( 3 min )

Steeds meer starters vragen een hypotheek aan. In april werd 55 procent van alle hypotheekaanvragen gedaan door starters. Dat betekent dat zij nu de grootste groep hypotheekaanvragers zijn.  ( 3 min )

Het leven in Nederland is in april gemiddeld 5,2 procent duurder geworden dan een jaar eerder. Dat kwam vooral doordat de energieprijzen vorige maand minder sterk daalden dan in maart. De prijzen van boodschappen gingen ook opnieuw omhoog, maar wel wat minder sterk dan in maart.  ( 3 min )

De lonen in nieuwe cao's zijn in april gemiddeld met 7,7 procent gestegen en dat is opnieuw een historisch hoogtepunt. De loonstijging ligt daarmee boven de inflatie die in maart uitkwam op 4,4 procent. Dat betekent dat zaken als boodschappen en energie die maand 4,4 procent duurder waren dan een jaar eerder.  ( 4 min )

More than a month after the first signs of danger, First Republic Bank (FRC) was seized by Federal Deposit Insurance Corporation (FDIC) and sold to JPMorgan Chase.  ( 1 min )

With the collapse of First Republic Bank, now the third high-profile bank failure in the U.S. this year, you may be wondering who is on the hook for the government bailouts.  ( 1 min )

JPMorgan Chase & Co. may be getting a quite a bit more than its money's worth as the deal to buy First Republic comes with assets and big guarantees from FDIC.  ( 1 min )

Electric truck maker Lordstown Motors (RIDE) said that it may need to cease operations if its funding deal with Foxconn fails to materialize.  ( 1 min )

U.S. equities began May slightly lower after regulators seized First Republic Bank and JPMorgan Chase bought most of the assets.  ( 1 min )

JPMorgan Chase acquires First Republic Bank after an FDIC takeover. Here’s what investors need to know today.  ( 1 min )

Flooding the market with cheap products can mean job losses and even market collapse—but dumping isn't as threatening as it seems.  ( 23 min )

M1 Finance and Wealthfront are two of our top robo-advisors but offer extremely different services. M1's forte is automated investing, but it doesn't offer advice. Wealthfront is strong when it comes to setting financial goals.  ( 28 min )

Reinsurance is insurance for insurance companies. It results from one or more insurers assuming another insurance company's risk portfolio to try to balance the insurance market.  ( 20 min )

In March 2023, Signature Bank was shut down by the New York State Department of Financial Services. Learn why the bank collapsed and what it means for you.  ( 32 min )

CD rates are already at record highs, with many options to earn more than 5% on a variety of terms. But will Fed moves drive them even higher, or is the peak behind us?  ( 19 min )

Electric truck maker Lordstown Motors (RIDE) said that it may need to cease operations if its funding deal with Foxconn fails to materialize.  ( 16 min )

In March 2023, Silicon Valley Bank was shut down by the California Department of Financial Protection and Innovation. Learn why this bank collapsed and what it means for you.  ( 28 min )

U.S. equities began May slightly lower after regulators seized First Republic Bank and JPMorgan Chase bought most of the assets.  ( 16 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )

In the future, businesses would be able to bank with little to no fear of losing all their money if their bank fails, if reforms suggested by the Federal Deposit Insurance Corporation become reality.  ( 17 min )

The back office is the administration and support personnel who are not client-facing. Back-office personnel provide essential functions to the business.  ( 23 min )

Financial advisors can help small businesses during the start-up, growth, and winddown stages of the company.  ( 24 min )

Amid concerns over high mortgage rates, supply costs and uncertainty about inflation, new single-family construction remained slumped in March.  ( 16 min )

The 28/36 rule calculates debt limits that an individual or household should meet to be well-positioned for credit applications. It measures income against debt.  ( 20 min )

Not everyone who leaves a job can collect unemployment insurance. Here's what you need to know about who qualifies and how to go about it now.  ( 25 min )

Use these tips to free yourself from some of the extra weight if car insurance costs are dragging you down. Consider coverage options and "bundling" policies.  ( 26 min )

Green energy, supply chain, AI, and tech will help drive job growth, while education, agriculture, and digital commerce will add the most jobs, one report shows.  ( 18 min )

Mortgage rates dropped back a bit, erasing some of their big gain of the previous day and ending the week roughly on par with the previous Friday.  ( 20 min )

TD Ameritrade is best for investors and traders alike, due to its educational programs and thinkorswim platform. Fidelity is a better value but has fewer features.  ( 23 min )

A capitalized cost is an expense that is added to the cost basis of a fixed asset on a company's balance sheet.  ( 24 min )

The Federal Reserve faces a key decision this week that could determine if the economy goes into a recession—whether this week’s widely-expected rate hike will be its last.  ( 17 min )

A currency has limited convertibility if the government that issues it regulates its exchange with any other nation's currency.  ( 19 min )

If it's time for a change, it's important that you understand how much your current home is worth. Read on to decide if now's the time to move.  ( 22 min )

Mrs. Dow Jones rejoins The Express in front of a live audience to dispel the biggest money myths about making money, and shares hacks to help us earn more, keep more, and make our money last longer. Plus, investors are bracing for the Fed's next move, which could very well be its last for a little while. Why haven't all stocks woken up to the party?  ( 15 min )

Health insurance includes HMO, PPO, POS, and EPO plans. You may also need to choose among the various levels of Obamacare plans. Learn about the differences before you enroll.  ( 24 min )

A survey of chief factors that reduce cash flow from operating activities.  ( 18 min )

JPMorgan Chase & Co. may be getting a quite a bit more than its money's worth as the deal to buy First Republic comes with assets and big guarantees from FDIC.  ( 17 min )

First Republic, Silicon Valley and Signature banks are some of the largest U.S. bank failures ever. Their combined assets are more than all the banks that failed in 2008.  ( 16 min )

With the collapse of First Republic Bank, now the third high-profile bank failure in the U.S. this year, you may be wondering who is on the hook for the government bailouts.  ( 18 min )

This week’s cryptocurrencies to keep an eye on are Render Token (RNDR), Casper (CSPR), Injective (INJ), Internet Computer (ICP), and MultiversX (EGLD).  ( 19 min )

Getting out of an upside down car loan is not impossible, but it's important to understand what you might need to do to walk away from the debt.  ( 23 min )

You can use a home equity loan to buy a car, but in most cases it doesn't make sense. In this article, we'll explain why.  ( 22 min )

The Taylor rule is a guideline for a central bank to manipulate interest rates so as to stabilize the economy.  ( 22 min )

A mid-cap fund is a type of investment fund that focuses its investments on companies with a capitalization in the middle range of listed stocks in the market.  ( 20 min )

The best ETFs are PXE, IEO, and FCG.  ( 22 min )

Boat owners' insurance is an insurance policy that provides coverage for individuals who own and operate a boat or personal watercraft.  ( 18 min )

Adding a co-signer to an auto loan could make it easier to get approved, but it can complicate things if you're unable to keep up with the payments.  ( 21 min )

Qualcomm's Q2 FY 2023 net income likely plunged by more than 40% and revenue likely fell by 19% industry-wide depressed demand hurt both top- and bottom-line performance.  ( 18 min )

Treasury Investment Growth Receipts (TIGRs), issued from 1982 until 1986, were zero-coupon bonds based on U.S. Treasury bonds held by Merrill Lynch.  ( 19 min )

Find out who Charles Schwab's main competitors are and how they stack up. Use this information to make informed investing decisions.  ( 21 min )

Failing to comply with the rules for required minimum distributions (RMDs) may incur a penalty.  ( 23 min )

Finance makes for great cinema. Here are 10 of the best offerings by Hollywood on the subject.  ( 24 min )

Presenteeism is a situation where workers who are physically present at the workplace are not operating at maximum capability due to illness, injury, or another condition.  ( 20 min )

Ford's global unit sales rebounding globally, led by 15% growth in North America  ( 18 min )

Bona vacantia, also known as vacant goods, refers to property without a clear owner. Bona vacantia assets may be abandoned or unclaimed by its owner.  ( 20 min )

More than a month after the first signs of danger, First Republic Bank (FRC) was seized by Federal Deposit Insurance Corporation (FDIC) and sold to JPMorgan Chase.  ( 17 min )

The government’s response to the Silicon Valley Bank failure has inspired renewed calls by some for the Federal Reserve to offer banking services to individual members of the public.  ( 22 min )

JPMorgan Chase acquires First Republic Bank after an FDIC takeover. Here’s what investors need to know today.  ( 17 min )

Review your equity, credit score, breakeven point, and other key data points before you begin the mortgage refinance process. Learn what you need to know.  ( 27 min )

The nation's most venerable mutual fund boasts an average annual return above 8% since its inception in 1929 on the eve of the Great Depression.  ( 20 min )

For day traders seeking an edge in trading the market from both the long and short sides, 5-, 8-, and 13-period simple moving averages (SMA) offer perfect inputs.  ( 20 min )

(Bloomberg) -- One after another, Japanese executives from some of the country’s most elite firms filed into Warren Buffett’s suite at the luxury Four Seasons Hotel in central Tokyo. Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureBuffett Will Beat the Market as Recession Looms, Investors SayRivian’s Troubles Don’t End at a 93% WipeoutPeak Oil Spells Trouble for ConsumersThe legendary investor was on a tri  ( 43 min )

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Norwegian Cruise Line's strong onboard passenger spending in the first quarter demonstrates that the pent-up energy to cruise that people had during the pandemic hasn't dissipated at all.  ( 39 min )

The education tech firm is seeing a spike in ChatGPT interest. "We now believe it’s having an impact on our new customer growth rate," Chegg said.  ( 22 min )

CD rates are already at record highs, with many options to earn more than 5% on a variety of terms. But will Fed moves drive them even higher, or is the peak behind us?  ( 19 min )

Markets are overly optimistic that the Fed will quickly lower rates, a panel of investing pros found.  ( 23 min )

A defamation case brought against Tesla chief executive Elon Musk by critic Randeep Hothi is apparently coming to a close, reportedly costing the billionaire ten big ones. Lawyers representing Hothi, a vocal member of the TSLAQ short-seller community on Twitter, said in a statement that Musk asked to settle the nearly three-year-old case back in March. Hothi tweeted on Monday that he accepted the alleged offer, "for a modest $10k."  ( 38 min )

Investors are often intrigued by ETFs that feature sky-high dividend yields, such as the Amplify High Income ETF (NYSEARCA:YYY), which currently yields 12.3%. While the thought of receiving passive income with this type of yield is indeed enticing, and YYY has some good things going for it, investors also need to look under the hood before committing to these types of ETFs. Here’s more on YYY and why most investors should likely proceed with caution. What is YYY ETF? Operated by Amplify ETFs, YY  ( 41 min )

Takeout Mexican, lots of coffee and more than 800 people fueled a weekend-long effort by JPMorgan to win a government-led auction.  ( 41 min )

(Bloomberg) -- International Business Machines Corp. Chief Executive Officer Arvind Krishna said the company expects to pause hiring for roles it thinks could be replaced with artificial intelligence in the coming years.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayFirst Republic’s Jumbo Mortgages Brought On Bank’s FailurePeak Oil Spells Trouble for ConsumersRivian’s Troubles Don’t End at a 93% Wipeo  ( 39 min )

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Solar panel sales are being pressured by higher interest rates plus California's decision to reduce the financial benefits for installing roof panels.  ( 22 min )

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Cybersecurity stocks, including Check Point Software Technologies Ltd (NASDAQ: CHKP), Cloudflare, Inc (NYSE: NET) CrowdStrike Holdings, Inc (NASDAQ: CRWD), since the former released its mixed first-quarter results today. Check Point reported first-quarter FY23 revenue growth of 4% year-on-year to $566.2 million, missing the consensus of $568.9 million. Adjusted EPS of $1.80 beat the consensus of $1.74. "The economic slowdown has resulted in extended product sales cycles while recurring revenues  ( 39 min )

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(Bloomberg) -- As Wall Street economists and central bankers debate if and when the US economy will slip into a recession, big money managers aren’t waiting to find out. Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersRivian’s Troubles Don’t End at a 93% WipeoutJerome Powell Could Face More Opposition as Fed Choices Get TougherIncreasingly, professional stock picker  ( 40 min )

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Apollo Global Management CEO Marc Rowan has a playbook ready for tighter financial conditions.  ( 40 min )

What to expect from the pharma giant's Q1 earnings report.  ( 23 min )

Berkshire Hathaway’s Charlie Munger said on Monday that a storm is brewing in commercial property market, as property prices fall and banks deal with bad loans.  ( 39 min )

Hint: They’re mostly soft skills.  ( 39 min )

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(Bloomberg) -- TCW Group President and Chief Executive Officer Katie Koch said cracks are starting to show in the private credit market and that investors should prepare for “major accidents” in the red-hot sector over the next 12 to 18 months. Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersRivian’s Troubles Don’t End at a 93% WipeoutJerome Powell Could Face More O  ( 39 min )

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JPMorgan did not assume First Republic’s corporate debt or preferred stock, meaning institutional investors will not be a made whole. One analyst expects common shareholders to get wiped out, too.  ( 39 min )

Uber will report its Q1 earnings before the bell on Tuesday, as analysts look for growth in the ride-sharing giant's Mobility and Delivery businesses.  ( 39 min )

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Bud Light's sales declines accelerated in the week ended April 22, according to Beer Business Daily  ( 22 min )

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Investors looking for an edge with stocks that have upcoming earnings reports may want to consider those companies that have recently increased their quarterly dividend payout. A May 2020 study done by Ham, Kaplan and Leary in the Journal of Financial Economics reviewed several previous studies to determine whether companies that raise their quarterly dividends are signaling improved earnings reports in the future. “We show evidence that dividend changes do in fact convey information about futur  ( 40 min )

The Federal Deposit Insurance Corp. is recommending the U.S. rethink its decades-old policy of insuring up to $250,000 in bank deposits and replace it with an overhaul that would allow regulators to cover higher amounts on a “targeted” basis. The proposed change appears to openly acknowledge that the FDIC is looking for ways to calm both depositors and markets as the organization contends with the third U.S. bank failure this year. First Republic Bank became the second largest failure in history Monday when regulators seized it and JP Morgan Chase stepped up as a buyer.  ( 37 min )

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Apple is preparing for its next big product release, while Nvidia is carrying all the hopes and hype of A.I. on its back.  ( 39 min )

(Bloomberg) -- The Ron DeSantis-appointed board of the municipal authority overseeing Walt Disney Co.’s parks voted Monday to sue the company, following a complaint Disney filed last week against the Florida governor.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersRivian’s Troubles Don’t End at a 93% WipeoutJerome Powell Could Face More Opposition as Fed Choices Get  ( 39 min )

The 99-year-old Berkshire Hathaway vice chairman told the Financial Times Sunday there’s now a “glut of investment managers that’s bad for the country.”  ( 40 min )

JPMorgan Chase & Co. may be getting a quite a bit more than its money's worth as the deal to buy First Republic comes with assets and big guarantees from FDIC.  ( 17 min )

UBS analyst David Vogt and BofA Global Research's Wamsi Mohan say consensus estimates for Apple iPhone sales are too high, considering recent weakness.  ( 22 min )

(Bloomberg) -- The International Monetary Fund’s chief said China is shifting its thinking about participating in debt restructuring after being confronted by countries unable to pay what they owe, signaling hope the world’s second-largest economy will help provide relief for distressed nations.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureRivian’s Troubles Don’t End at a 93% WipeoutBuffett Will Beat the  ( 39 min )

SoFi Technologies says personal loan originations climbed 46% to $2.95 billion during its first quarter.  ( 23 min )

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With the collapse of First Republic Bank, now the third high-profile bank failure in the U.S. this year, you may be wondering who is on the hook for the government bailouts.  ( 19 min )

Apollo Global Management co-founder and CEO Marc Rowan weighs in on the state of the banking industry.  ( 39 min )

(Bloomberg) -- Marc Rowan, the co-founder of Apollo Global Management Inc., says that the next wave of turmoil across the financial sector will likely come from the commercial real estate market.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Talks Extend Into Night After Banks Place B  ( 39 min )

(Bloomberg) -- The seeds of First Republic Bank’s downfall were sown in the jumbo mortgages of Silicon Valley, where a unique strategy to loan wealthy individuals extraordinary sums of money blew up in spectacular fashion.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Talks Extend Int  ( 43 min )

The annualized yield for the Treasury Department’s inflation-protected assets is 4.3% for new purchases made until October 31.  ( 40 min )

Lordstown Motors warned Monday that it is in danger of failing as the electronics company Foxconn wavers on a $170 million investment in the commercial electric vehicle startup. The Ohio company said in a regulatory filing on Monday that Foxconn it had received notice from Foxconn on April 21 that it was in breach of their agreement because it had received a delisting warning from Nasdaq two days earlier. Lordstown is in danger of being delisted from the Nasdaq because it's share price closed below $1 on March 7 and it has not recovered since.  ( 39 min )

(Bloomberg) -- Lordstown Motors Corp. may be forced to cease operations and file for bankruptcy after manufacturing giant Foxconn told the electric-vehicle company that it’s prepared to pull out of a production partnership.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Talks Extend In  ( 39 min )

Blackstone is the largest company by market value not in the S&P 500  ( 23 min )

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The Federal Reserve will announce its next decision on interest rate hikes on Wednesday.  ( 40 min )

Qualcomm's Q2 FY 2023 net income likely plunged by more than 40% and revenue likely fell by 19% industry-wide depressed demand hurt both top- and bottom-line performance.  ( 19 min )

The Federal Reserve is on track to raise its benchmark interest rate for the 10th time on Wednesday, the latest step in its yearlong effort to curb inflation with the fastest pace of hikes in four decades. Economists say Powell will likely hint that the Fed is edging closer to a long-awaited pause in its rate increases. Instead, he will probably stress that further rate hikes could happen if inflation were to stay persistently high, well above the Fed's 2% target rate.  ( 41 min )

The Supreme Court said Monday it will decide whether to jettison a decades-old decision that has been a frequent target of conservatives and, if overruled, could make it harder to sustain governmental regulations. The justices agreed to hear an appeal that takes aim at a 1984 case known as Chevron. It involves the Chevron oil company and says that when laws aren’t crystal clear, federal agencies should be allowed to fill in the details.  ( 39 min )

(Bloomberg) -- Blackstone Inc.’s $70 billion real estate trust for wealthy individuals limited redemptions for a sixth straight month.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Talks Extend Into Night After Banks Place BidsInvestors asked to redeem $4.5 billion in April from Black  ( 39 min )

Foxconn had agreed to invest $170 million in the EV truck startup in November.  ( 26 min )

Auto maker says the cuts were to contract workers in the group where the company works on future car models.  ( 32 min )

The CEO of JPMorgan Chase argued the seizure and sale of First republic puts to rest an excruciating period of panic for the banking system.  ( 39 min )

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Find out who Charles Schwab's main competitors are and how they stack up. Use this information to make informed investing decisions.  ( 21 min )

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The MOEX Index slumped 42% in 2022 amid sweeping sanctions over Russia's invasion of Ukraine.  ( 39 min )

Li Auto's deliveries in April beat expectations, while XPeng's deliveries come in about as expected. NIO deliveries, however, are lower than Wall Street anticipated.  ( 23 min )

You can ask why JPMorgan Chase agreed to buy the failed First Republic Bank out of regulatory receivership. But a better question might be, why not? As JPMorgan chairman and CEO Jamie Dimon explained in a company press release: “This acquisition modestly benefits our company overall, it is accretive to shareholders, it helps further advance our wealth strategy, and it is complementary to our existing franchise.”  ( 40 min )

Advances in technology often come loaded with financial opportunities and scanning the one presented by the nascent autonomous driving sector, Cathie Wood thinks there is a huge one at play. The Ark Invest CEO has not been shy about making some bold predictions in the past and thinks investors should not underestimate what’s in store for this up-and-coming industry. “We think that the robotaxi opportunity globally will deliver $8 to $10 trillion in revenue by 2030 and is one of the most importan  ( 43 min )

Shareholders should ask about succession, a possible dividend, a potential Occidental acquisition, slowing buybacks, and whether the stock can beat the S&P 500.  ( 23 min )

Contributing after-tax dollars to a 401(k) might appeal to you if you'd like to be able to withdraw funds tax-free in retirement. Should you decide to leave your job you might be wondering if it's possible to roll over an … Continue reading → The post How to Convert After-Tax Dollars From 401(k) to IRA appeared first on SmartAsset Blog.  ( 41 min )

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The cruise operator posts total revenue of $1.8 billion for its first quarter, soaring past the $522 million recorded in the year-ago period.  ( 22 min )

Jamie Dimon has often expressed regret at his bank’s past role as savior, but there is opportunity in its latest rescue.  ( 28 min )

Apple's iPhone revenue should hold up on Chinese demand and higher selling prices, according to Wedbush's Daniel Ives.  ( 22 min )

A division of US gaming giant Activision Blizzard, which last week accused Britain of being “closed for business”, is facing an investigation by the taxman that has already forced it to cough up tens of millions of pounds.  ( 39 min )

Ford's global unit sales rebounding globally, led by 15% growth in North America  ( 18 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

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Officials announced Monday that they closed San Francisco-based First Republic Bank, making it the third U.S. bank to collapse in the past two months. Most of First Republic’s assets are being acquired by JPMorgan. First Republic had wealthy clients who rarely defaulted on their loans.  ( 42 min )

JPMorgan Chase acquires First Republic Bank after an FDIC takeover. Here’s what investors need to know today.  ( 17 min )

(Bloomberg) -- SoFi Technologies Inc., the online lender suing the Biden administration for its student-loan repayment pause, reported a smaller loss than analysts expected and said it still expects to be profitable this year. Most Read from BloombergJPMorgan to Acquire Failed Regional Bank First RepublicPeak Oil Spells Trouble for ConsumersWarren Buffett Will Beat the Market in Recession Times, Investors SayFirst Republic Talks Extend Into Night After Banks Place BidsJerome Powell Could Face Mo  ( 38 min )

(Bloomberg) -- Financial markets are caught up in a tug of war between lingering inflation and concern about a recession as they try to guess the next move by the Federal Reserve. That means investors are potentially ignoring a far more dangerous outcome: stagflation.Most Read from BloombergJPMorgan to Acquire Failed Regional Bank First RepublicPeak Oil Spells Trouble for ConsumersFirst Republic Talks Extend Into Night After Banks Place BidsWarren Buffett Will Beat the Market in Recession Times,  ( 41 min )

The San Francisco lender becomes the biggest casualty of the banking system turmoil that started in March.  ( 42 min )

(Bloomberg) -- The relentless erosion in Rivian Automotive Inc.’s share price is revealing an ugly truth: Investors have little faith left in the ability of the Amazon.com Inc.-backed company to compete in a crowded electric-vehicle market.Most Read from BloombergJPMorgan to Acquire Failed Regional Bank First RepublicPeak Oil Spells Trouble for ConsumersFirst Republic Talks Extend Into Night After Banks Place BidsJerome Powell Could Face More Opposition as Fed Choices Get TougherWarren Buffett W  ( 40 min )

When a Chinese woman flaunted her banker husband's 80,000 yuan (US$11,562) a month salary on social media last year, she quickly drew the ire of common folk and the attention of regulators towards financial elites like her spouse. The young CICC banker and his colleagues soon paid a heavy price for the folly, taking a pay cut of almost 50 per cent. This quickly spread across the sector, with employees taking pay cuts of some 20 per cent to 30 per cent last year, according to data compiled by the  ( 40 min )

Crypto traders are looking for a confirmation of a peak in the Fed's rate-hiking cycle to help break Bitcoin's resistance at $30,000.  ( 22 min )

(Bloomberg) -- After more than 30 years growing crops on the plains of northern China, a farmer who asked to be identified as Zhang is struggling over what to plant in the coming months. Most Read from BloombergJPMorgan to Acquire Failed Regional Bank First RepublicPeak Oil Spells Trouble for ConsumersFirst Republic Talks Extend Into Night After Banks Place BidsJerome Powell Could Face More Opposition as Fed Choices Get TougherWarren Buffett Will Beat the Market in Recession Times, Investors Say  ( 40 min )

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Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 19 min )

U.S. stocks were set for a modestly higher open Monday, following the announcement that JPMorgan Chase will be assuming all deposits of First Republic Bank. Dow Jones Industrial Average futures were up 20 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures were flat. Attention on Monday will b  ( 24 min )